YEARLY HIGH
2.0173 GMD
YEARLY LOW
1.7263 GMD
YEARLY AVERAGE
1.9188 GMD

2017 ETB to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 2.0173. Conversely, the yearly low was recorded on December 18, dropping to 1.7263.

This high-to-low spread represents a total annual volatility of 0.2910 GMD. From a start-to-finish perspective, comparing the January average rate of 1.9298 to the December average rate of 1.7372, the exchange rate registered a net change of -9.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0173 was up 0.96% compared to the 2016 peak of 1.9981, 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 10,086 GMD
2016 Average 9,613 GMD
Yearly Trough Low 8,632 GMD
Transaction Impact: A difference of 1,454.83 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0310
1.7085
JanuMarcMayJulySeptNove

ETB to GMD 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 1.9699, compared to 1.8678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1021 points.

H1 Avg (Jan–Jun) 1.9699
H2 Avg (Jul–Dec) 1.8678

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.2772 GMD (High: 2.0098 / Low: 1.7327). On the other end, November was the most stable month, with a tight range of 0.0194 GMD (High: 1.7463 / Low: 1.7269).

October Spread (Volatile) ±0.2772
November Spread (Stable) ±0.0194

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1321 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 2.0042) against the same month in 2016 (average: 1.9716), the exchange rate shifted by +0.0326 (+1.65%).

2017 Avg (May) 2.0042
2016 Avg (May) 1.9716

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9707 1.8999 1.9298
February 1.9819 1.9189 1.9482
March 1.9912 1.9463 1.9679
April 1.9928 1.9561 1.9782
May 2.0173 1.9802 2.0042
June 2.0112 1.9678 1.9909
July 2.0092 1.9640 1.9812
August 1.9882 1.9366 1.9678
September 1.9747 1.9406 1.9587
October 2.0098 1.7327 1.8266
November 1.7463 1.7269 1.7354
December 1.7531 1.7263 1.7372