2017 ETB to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ETB to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ETB to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on May 26, valuing the pair at 25.7002. Conversely, the yearly low was recorded on December 18, dropping to 20.5647.
This high-to-low spread represents a total annual volatility of 5.1355 CRC. From a start-to-finish perspective, comparing the January average rate of 24.4289 to the December average rate of 20.6877, the exchange rate registered a net change of -15.31% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 25.7002 was up 1.22% compared to the 2016 peak of 25.3902, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ETB to CRC 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 24.5400, compared to 22.9192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6208 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 3.6362 CRC (High: 24.4757 / Low: 20.8395). On the other end, December was the most stable month, with a tight range of 0.3214 CRC (High: 20.8861 / Low: 20.5647).
Growth Streaks & Declines
TrendsNo 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 2.3434 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2017: 24.7311) against the same month in 2016 (average: 24.7380), the exchange rate shifted by -0.0069 (-0.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.6403 | 24.2063 | 24.4289 |
| February | 24.8149 | 24.3020 | 24.5425 |
| March | 24.7746 | 24.1982 | 24.5368 |
| April | 24.6150 | 24.2392 | 24.4040 |
| May | 25.7002 | 24.1949 | 24.7311 |
| June | 24.8159 | 24.3704 | 24.5967 |
| July | 24.8068 | 24.2369 | 24.5927 |
| August | 24.9043 | 24.4730 | 24.6919 |
| September | 24.8356 | 24.2065 | 24.5406 |
| October | 24.4757 | 20.8395 | 22.1972 |
| November | 20.9962 | 20.6322 | 20.8053 |
| December | 20.8861 | 20.5647 | 20.6877 |