2017 DKK to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 DKK to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the DKK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 4.4108. Conversely, the yearly low was recorded on January 3, dropping to 3.1508.
This high-to-low spread represents a total annual volatility of 1.2599 ETB. From a start-to-finish perspective, comparing the January average rate of 3.2264 to the December average rate of 4.3525, the exchange rate registered a net change of 34.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 4.4108 was up 31.27% compared to the 2016 peak of 3.3600, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DKK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
DKK to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.3235, compared to 3.9705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6470 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 0.6200 ETB (High: 4.3203 / Low: 3.7002). On the other end, September was the most stable month, with a tight range of 0.0869 ETB (High: 3.8035 / Low: 3.7167).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 4.3525) against the same month in 2016 (average: 3.1735), the exchange rate shifted by +1.1790 (+37.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.2894 | 3.1508 | 3.2264 |
| February | 3.2990 | 3.1994 | 3.2445 |
| March | 3.3248 | 3.2089 | 3.2698 |
| April | 3.3749 | 3.2423 | 3.2930 |
| May | 3.4722 | 3.3573 | 3.4197 |
| June | 3.5644 | 3.4514 | 3.4878 |
| July | 3.6742 | 3.5368 | 3.6037 |
| August | 3.7895 | 3.6671 | 3.7077 |
| September | 3.8035 | 3.7167 | 3.7644 |
| October | 4.3203 | 3.7002 | 4.0852 |
| November | 4.3922 | 4.2420 | 4.3097 |
| December | 4.4108 | 4.2850 | 4.3525 |