2017 ETB to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ETB to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ETB to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 20, valuing the pair at 365.0621. Conversely, the yearly low was recorded on December 18, dropping to 302.4574.
This high-to-low spread represents a total annual volatility of 62.6047 LAK. From a start-to-finish perspective, comparing the January average rate of 359.7865 to the December average rate of 304.1745, the exchange rate registered a net change of -15.46% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 365.0621 was down 5.24% compared to the 2016 peak of 385.2381, 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 LAK 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 356.8701, compared to 332.2616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 24.6085 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 50.1274 LAK (High: 354.3980 / Low: 304.2705). On the other end, December was the most stable month, with a tight range of 3.8845 LAK (High: 306.3418 / Low: 302.4574).
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 30.4445 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 359.7865) against the same month in 2016 (average: 383.3824), the exchange rate shifted by -23.5959 (-6.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 365.0621 | 352.6822 | 359.7865 |
| February | 362.3630 | 353.0134 | 358.6506 |
| March | 363.8319 | 349.1324 | 357.3995 |
| April | 362.0045 | 350.2861 | 356.1366 |
| May | 358.3007 | 348.1132 | 353.8247 |
| June | 359.2383 | 348.6709 | 355.4229 |
| July | 357.0143 | 344.2451 | 354.2406 |
| August | 358.0092 | 352.5500 | 354.7859 |
| September | 355.8551 | 350.5993 | 353.1172 |
| October | 354.3980 | 304.2705 | 322.6727 |
| November | 307.0783 | 302.6046 | 304.5788 |
| December | 306.3418 | 302.4574 | 304.1745 |