2017 ERN to STD Historical Review

YEARLY HIGH

23450.2500 STD

YEARLY LOW

20376.2998 STD

YEARLY AVERAGE

21734.3483 STD

2017 ERN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ERN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 23450.2500. Conversely, the yearly low was recorded on September 10, dropping to 20376.2998.

This high-to-low spread represents a total annual volatility of 3073.9502 STD. From a start-to-finish perspective, comparing the January average rate of 23077.2249 to the December average rate of 20685.5060, the exchange rate registered a net change of -10.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 23450.2500 was down 0.40% compared to the 2016 peak of 23544.5502, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 117,251,250 STD

2016 Average 110,730,368 STD

Yearly Trough Low 101,881,499 STD

Transaction Impact: A difference of 15,369,750.98 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

23328.3526

20314.8205

JanuMarcMayJulySeptNove

ERN to STD 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 22654.0000, compared to 20814.6966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1839.3034 points.

H1 Avg (Jan–Jun) 22654.0000

H2 Avg (Jul–Dec) 20814.6966

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 809.6170 STD (High: 22642.5672 / Low: 21832.9502). On the other end, October was the most stable month, with a tight range of 239.6381 STD (High: 20954.2005 / Low: 20714.5624).

May Spread (Volatile) ±809.6170

October Spread (Stable) ±239.6381

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 693.6732 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -693.6732

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 23077.2249) against the same month in 2016 (average: 22538.3371), the exchange rate shifted by +538.8879 (+2.39%).

2017 Avg (January) 23077.2249

2016 Avg (January) 22538.3371

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23450.2500	22790.9754	23077.2249
February	23244.2252	22719.5996	23023.4642
March	23298.0012	22611.0772	22917.5681
April	23146.5498	22470.7500	22883.9961
May	22642.5672	21832.9502	22190.3229
June	22009.6454	21483.0664	21831.4239
July	21581.1412	20790.2500	21260.7344
August	20922.5920	20516.5996	20745.0680
September	20820.9104	20376.2998	20565.9482
October	20954.2005	20714.5624	20829.1128
November	20963.3001	20538.1504	20801.8102
December	20799.0989	20458.5240	20685.5060