2017 ETB to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ETB to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ETB to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 5.0299. Conversely, the yearly low was recorded on August 1, dropping to 3.8404.
This high-to-low spread represents a total annual volatility of 1.1896 LRD. From a start-to-finish perspective, comparing the January average rate of 4.1502 to the December average rate of 4.5872, the exchange rate registered a net change of 10.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 5.0299 was up 17.02% compared to the 2016 peak of 4.2985, 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 LRD 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 4.1203, compared to 4.5790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4587 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 1.1162 LRD (High: 4.9565 / Low: 3.8404). On the other end, April was the most stable month, with a tight range of 0.0722 LRD (High: 4.1557 / Low: 4.0836).
Growth Streaks & Declines
TrendsBetween 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 0.3789 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2017: 4.5940) against the same month in 2016 (average: 4.1207), the exchange rate shifted by +0.4733 (+11.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.2429 | 4.0580 | 4.1502 |
| February | 4.2176 | 4.1218 | 4.1561 |
| March | 4.1718 | 4.0919 | 4.1338 |
| April | 4.1557 | 4.0836 | 4.1220 |
| May | 4.1291 | 4.0275 | 4.0929 |
| June | 4.1213 | 3.9912 | 4.0669 |
| July | 4.1035 | 3.8408 | 3.9922 |
| August | 4.9565 | 3.8404 | 4.8162 |
| September | 5.0141 | 4.8854 | 4.9729 |
| October | 5.0299 | 4.3349 | 4.5940 |
| November | 4.5938 | 4.3635 | 4.5113 |
| December | 4.6318 | 4.5553 | 4.5872 |