YEARLY HIGH
0.0602 CAD
YEARLY LOW
0.0459 CAD
YEARLY AVERAGE
0.0545 CAD

2017 ETB to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0602. Conversely, the yearly low was recorded on December 28, dropping to 0.0459.

This high-to-low spread represents a total annual volatility of 0.0143 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0586 to the December average rate of 0.0466, the exchange rate registered a net change of -20.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0602 was down 12.35% compared to the 2016 peak of 0.0687, 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 301 CAD
2016 Average 304 CAD
Yearly Trough Low 229 CAD
Transaction Impact: A difference of 71.52 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0604
0.0454
JanuMarcMayJulySeptNove

ETB to CAD 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 0.0585, compared to 0.0505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0079 points.

H1 Avg (Jan–Jun) 0.0585
H2 Avg (Jul–Dec) 0.0505

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0075 CAD (High: 0.0534 / Low: 0.0459). On the other end, November was the most stable month, with a tight range of 0.0008 CAD (High: 0.0472 / Low: 0.0464).

October Spread (Volatile) ±0.0075
November Spread (Stable) ±0.0008

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 0.0034 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.0591) against the same month in 2016 (average: 0.0597), the exchange rate shifted by -0.0006 (-0.97%).

2017 Avg (May) 0.0591
2016 Avg (May) 0.0597

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0599 0.0575 0.0586
February 0.0589 0.0571 0.0578
March 0.0597 0.0582 0.0589
April 0.0596 0.0579 0.0588
May 0.0602 0.0582 0.0591
June 0.0588 0.0559 0.0576
July 0.0560 0.0534 0.0547
August 0.0548 0.0531 0.0540
September 0.0532 0.0513 0.0523
October 0.0534 0.0459 0.0489
November 0.0472 0.0464 0.0467
December 0.0475 0.0459 0.0466