YEARLY HIGH
0.0093 ETB
YEARLY LOW
0.0075 ETB
YEARLY AVERAGE
0.0081 ETB

2017 COP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the COP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.0093. Conversely, the yearly low was recorded on January 2, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0018 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0092, the exchange rate registered a net change of 19.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0093 was up 20.33% compared to the 2016 peak of 0.0077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000,000 COP based on timing:

Yearly Peak High 46,456 ETB
2016 Average 35,872 ETB
Yearly Trough Low 37,325 ETB
Transaction Impact: A difference of 9,131.03 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0093
0.0075
JanuMarcMayJulySeptNove

COP to ETB Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0078, compared to 0.0084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0078
H2 Avg (Jul–Dec) 0.0084

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0014 ETB (High: 0.0093 / Low: 0.0079). On the other end, February was the most stable month, with a tight range of 0.0002 ETB (High: 0.0079 / Low: 0.0078).

October Spread (Volatile) ±0.0014
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 0.0088) against the same month in 2016 (average: 0.0076), the exchange rate shifted by +0.0012 (+15.53%).

2017 Avg (October) 0.0088
2016 Avg (October) 0.0076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0078 0.0075 0.0077
February 0.0079 0.0078 0.0079
March 0.0079 0.0076 0.0077
April 0.0081 0.0078 0.0079
May 0.0080 0.0077 0.0079
June 0.0080 0.0076 0.0078
July 0.0078 0.0075 0.0077
August 0.0080 0.0077 0.0079
September 0.0082 0.0079 0.0081
October 0.0093 0.0079 0.0088
November 0.0092 0.0089 0.0091
December 0.0093 0.0090 0.0092