YEARLY HIGH
16.0902 MRO
YEARLY LOW
12.9027 MRO
YEARLY AVERAGE
15.1027 MRO

2017 ETB to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 16.0902. Conversely, the yearly low was recorded on December 18, dropping to 12.9027.

This high-to-low spread represents a total annual volatility of 3.1874 MRO. From a start-to-finish perspective, comparing the January average rate of 15.8938 to the December average rate of 12.9880, the exchange rate registered a net change of -18.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 16.0902 was down 1.90% compared to the 2016 peak of 16.4022, 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 80,451 MRO
2016 Average 80,365 MRO
Yearly Trough Low 64,514 MRO
Transaction Impact: A difference of 15,937.24 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

16.1844
12.6974
JanuMarcMayJulySeptNove

ETB to MRO 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 15.7564, compared to 14.4489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3075 points.

H1 Avg (Jan–Jun) 15.7564
H2 Avg (Jul–Dec) 14.4489

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 2.5624 MRO (High: 15.5569 / Low: 12.9945). On the other end, November was the most stable month, with a tight range of 0.1947 MRO (High: 13.1050 / Low: 12.9104).

October Spread (Volatile) ±2.5624
November Spread (Stable) ±0.1947

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 1.5132 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.5132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 15.8938) against the same month in 2016 (average: 15.7504), the exchange rate shifted by +0.1434 (+0.91%).

2017 Avg (January) 15.8938
2016 Avg (January) 15.7504

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.0902 15.7582 15.8938
February 16.0038 15.6824 15.8363
March 15.8817 15.6036 15.8036
April 15.8817 15.6528 15.7566
May 15.7157 15.4729 15.6488
June 15.6964 15.4484 15.5994
July 15.6764 15.4495 15.5602
August 15.7335 15.4446 15.5801
September 15.6355 15.4357 15.5418
October 15.5569 12.9945 14.0286
November 13.1050 12.9104 12.9947
December 13.1042 12.9027 12.9880