2017 ETB to AFN Historical Review

YEARLY HIGH

2.9890 AFN

YEARLY LOW

2.4979 AFN

YEARLY AVERAGE

2.8482 AFN

2017 ETB to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 2.9890. Conversely, the yearly low was recorded on October 26, dropping to 2.4979.

This high-to-low spread represents a total annual volatility of 0.4911 AFN. From a start-to-finish perspective, comparing the January average rate of 2.9578 to the December average rate of 2.5306, the exchange rate registered a net change of -14.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.9890 was down 8.47% compared to the 2016 peak of 3.2654, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,945 AFN

2016 Average 15,528 AFN

Yearly Trough Low 12,490 AFN

Transaction Impact: A difference of 2,455.50 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.0022

2.4695

JanuMarcMayJulySeptNove

ETB to AFN 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 2.9489, compared to 2.7474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2015 points.

H1 Avg (Jan–Jun) 2.9489

H2 Avg (Jul–Dec) 2.7474

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.4097 AFN (High: 2.9076 / Low: 2.4979). On the other end, December was the most stable month, with a tight range of 0.0334 AFN (High: 2.5454 / Low: 2.5120).

October Spread (Volatile) ±0.4097

December Spread (Stable) ±0.0334

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2647 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2647

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 2.9472) against the same month in 2016 (average: 3.2305), the exchange rate shifted by -0.2833 (-8.77%).

2017 Avg (February) 2.9472

2016 Avg (February) 3.2305

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9799	2.9297	2.9578
February	2.9890	2.9224	2.9472
March	2.9586	2.9096	2.9341
April	2.9745	2.9268	2.9502
May	2.9715	2.9206	2.9559
June	2.9747	2.9206	2.9485
July	2.9598	2.9224	2.9379
August	2.9694	2.9059	2.9337
September	2.9378	2.8967	2.9166
October	2.9076	2.4979	2.6519
November	2.5364	2.5013	2.5139
December	2.5454	2.5120	2.5306