2017 ETB to HNL Historical Review

YEARLY HIGH

1.0542 HNL

YEARLY LOW

0.8586 HNL

YEARLY AVERAGE

0.9843 HNL

2017 ETB to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 1.0542. Conversely, the yearly low was recorded on December 18, dropping to 0.8586.

This high-to-low spread represents a total annual volatility of 0.1956 HNL. From a start-to-finish perspective, comparing the January average rate of 1.0348 to the December average rate of 0.8640, the exchange rate registered a net change of -16.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0542 was down 0.72% compared to the 2016 peak of 1.0618, 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 5,271 HNL

2016 Average 5,213 HNL

Yearly Trough Low 4,293 HNL

Transaction Impact: A difference of 977.81 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0561

0.8465

JanuMarcMayJulySeptNove

ETB to HNL 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 1.0278, compared to 0.9409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0868 points.

H1 Avg (Jan–Jun) 1.0278

H2 Avg (Jul–Dec) 0.9409

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.1366 HNL (High: 0.9962 / Low: 0.8596). On the other end, November was the most stable month, with a tight range of 0.0121 HNL (High: 0.8715 / Low: 0.8594).

October Spread (Volatile) ±0.1366

November Spread (Stable) ±0.0121

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 0.0846 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0846

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 1.0387) against the same month in 2016 (average: 1.0589), the exchange rate shifted by -0.0202 (-1.91%).

2017 Avg (February) 1.0387

2016 Avg (February) 1.0589

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0497	1.0051	1.0348
February	1.0542	1.0295	1.0387
March	1.0400	1.0231	1.0335
April	1.0327	1.0193	1.0256
May	1.0253	1.0122	1.0197
June	1.0213	1.0052	1.0144
July	1.0116	0.9974	1.0073
August	1.0081	0.9928	1.0005
September	1.0048	0.9877	0.9969
October	0.9962	0.8596	0.9122
November	0.8715	0.8594	0.8646
December	0.8710	0.8586	0.8640