YEARLY HIGH
0.0486 ETB
YEARLY LOW
0.0389 ETB
YEARLY AVERAGE
0.0423 ETB

2017 CRC to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CRC to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0486. Conversely, the yearly low was recorded on May 27, dropping to 0.0389.

This high-to-low spread represents a total annual volatility of 0.0097 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0409 to the December average rate of 0.0483, the exchange rate registered a net change of 18.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0486 was up 18.96% compared to the 2016 peak of 0.0409, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 243 ETB
2016 Average 201 ETB
Yearly Trough Low 195 ETB
Transaction Impact: A difference of 48.58 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0491
0.0397
JanuMarcMayJulySeptNove

CRC 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 0.0408, compared to 0.0439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0408
H2 Avg (Jul–Dec) 0.0439

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0071 ETB (High: 0.0480 / Low: 0.0409). On the other end, April was the most stable month, with a tight range of 0.0006 ETB (High: 0.0413 / Low: 0.0406).

October Spread (Volatile) ±0.0071
April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0483) against the same month in 2016 (average: 0.0407), the exchange rate shifted by +0.0077 (+18.83%).

2017 Avg (December) 0.0483
2016 Avg (December) 0.0407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0413 0.0406 0.0409
February 0.0411 0.0403 0.0407
March 0.0413 0.0404 0.0408
April 0.0413 0.0406 0.0410
May 0.0413 0.0389 0.0404
June 0.0410 0.0403 0.0407
July 0.0413 0.0403 0.0407
August 0.0409 0.0402 0.0405
September 0.0413 0.0403 0.0408
October 0.0480 0.0409 0.0453
November 0.0485 0.0476 0.0481
December 0.0486 0.0479 0.0483