2017 ETB to AZN Historical Review

YEARLY HIGH

0.0861 AZN

YEARLY LOW

0.0614 AZN

YEARLY AVERAGE

0.0722 AZN

2017 ETB to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.0861. Conversely, the yearly low was recorded on December 17, dropping to 0.0614.

This high-to-low spread represents a total annual volatility of 0.0247 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0822 to the December average rate of 0.0620, the exchange rate registered a net change of -24.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0861 was up 6.89% compared to the 2016 peak of 0.0805, 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 430 AZN

2016 Average 367 AZN

Yearly Trough Low 307 AZN

Transaction Impact: A difference of 123.33 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0842

0.0600

JanuMarcMayJulySeptNove

ETB to AZN 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 0.0766, compared to 0.0679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.0766

H2 Avg (Jul–Dec) 0.0679

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0103 AZN (High: 0.0724 / Low: 0.0621). On the other end, November was the most stable month, with a tight range of 0.0009 AZN (High: 0.0627 / Low: 0.0618).

October Spread (Volatile) ±0.0103

November Spread (Stable) ±0.0009

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 September and October, when the average rate fell by 0.0064 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0822) against the same month in 2016 (average: 0.0746), the exchange rate shifted by +0.0076 (+10.20%).

2017 Avg (January) 0.0822

2016 Avg (January) 0.0746

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0861	0.0797	0.0822
February	0.0860	0.0774	0.0806
March	0.0792	0.0746	0.0764
April	0.0755	0.0726	0.0738
May	0.0742	0.0724	0.0733
June	0.0740	0.0727	0.0733
July	0.0736	0.0719	0.0727
August	0.0733	0.0717	0.0726
September	0.0729	0.0713	0.0722
October	0.0724	0.0621	0.0658
November	0.0627	0.0618	0.0622
December	0.0627	0.0614	0.0620