2017 ETB to GNF Historical Review

YEARLY HIGH

421.4516 GNF

YEARLY LOW

326.8603 GNF

YEARLY AVERAGE

383.0492 GNF

2017 ETB to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 421.4516. Conversely, the yearly low was recorded on December 18, dropping to 326.8603.

This high-to-low spread represents a total annual volatility of 94.5913 GNF. From a start-to-finish perspective, comparing the January average rate of 415.1049 to the December average rate of 329.6465, the exchange rate registered a net change of -20.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 421.4516 was down 0.52% compared to the 2016 peak of 423.6629, 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 2,107,258 GNF

2016 Average 1,913,690 GNF

Yearly Trough Low 1,634,301 GNF

Transaction Impact: A difference of 472,956.67 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

423.6507

321.1007

JanuMarcMayJulySeptNove

ETB to GNF 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 405.9898, compared to 360.1087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 45.8811 points.

H1 Avg (Jan–Jun) 405.9898

H2 Avg (Jul–Dec) 360.1087

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 54.2713 GNF (High: 382.1466 / Low: 327.8753). On the other end, November was the most stable month, with a tight range of 5.1181 GNF (High: 332.8701 / Low: 327.7521).

October Spread (Volatile) ±54.2713

November Spread (Stable) ±5.1181

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 32.7890 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -32.7890

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 415.1049) against the same month in 2016 (average: 364.1070), the exchange rate shifted by +50.9979 (+14.01%).

2017 Avg (January) 415.1049

2016 Avg (January) 364.1070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	421.4516	406.8132	415.1049
February	419.3467	404.3860	413.5960
March	414.5316	404.1328	410.3873
April	411.1661	396.7612	405.6589
May	406.4381	393.5275	398.5026
June	396.8489	384.5494	392.6889
July	391.7691	383.0002	387.7686
August	386.8621	378.8245	382.8702
September	386.3610	376.7756	381.4865
October	382.1466	327.8753	348.6975
November	332.8701	327.7521	330.1829
December	332.1905	326.8603	329.6465