YEARLY HIGH
1446.0218 IRR
YEARLY LOW
1235.3197 IRR
YEARLY AVERAGE
1383.5189 IRR

2017 ETB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1446.0218. Conversely, the yearly low was recorded on October 16, dropping to 1235.3197.

This high-to-low spread represents a total annual volatility of 210.7021 IRR. From a start-to-finish perspective, comparing the January average rate of 1405.3011 to the December average rate of 1288.5229, the exchange rate registered a net change of -8.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1446.0218 was up 1.84% compared to the 2016 peak of 1419.8555, 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 7,230,109 IRR
2016 Average 6,904,405 IRR
Yearly Trough Low 6,176,599 IRR
Transaction Impact: A difference of 1,053,510.29 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1445.1184
1254.6333
JanuMarcMayJulySeptNove

ETB to IRR 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 1416.2391, compared to 1350.7987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 65.4405 points.

H1 Avg (Jan–Jun) 1416.2391
H2 Avg (Jul–Dec) 1350.7987

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 198.3617 IRR (High: 1433.6814 / Low: 1235.3197). On the other end, September was the most stable month, with a tight range of 17.9660 IRR (High: 1426.7539 / Low: 1408.7879).

October Spread (Volatile) ±198.3617
September Spread (Stable) ±17.9660

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 100.2434 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -100.2434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1405.3011) against the same month in 2016 (average: 1412.1204), the exchange rate shifted by -6.8193 (-0.48%).

2017 Avg (January) 1405.3011
2016 Avg (January) 1412.1204

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1446.0218 1328.6757 1405.3011
February 1445.2067 1418.5605 1429.2446
March 1439.6811 1412.9837 1426.6279
April 1428.6019 1409.6755 1419.5842
May 1420.1042 1400.7210 1411.0506
June 1415.9337 1392.7897 1405.6264
July 1425.2854 1393.9552 1403.6340
August 1425.3056 1392.5194 1408.1347
September 1426.7539 1408.7879 1417.1184
October 1433.6814 1235.3197 1316.8749
November 1280.7471 1262.5762 1270.5071
December 1302.4214 1266.7147 1288.5229