YEARLY HIGH
0.9783 MXN
YEARLY LOW
0.6748 MXN
YEARLY AVERAGE
0.7938 MXN

2017 ETB to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.9783. Conversely, the yearly low was recorded on November 28, dropping to 0.6748.

This high-to-low spread represents a total annual volatility of 0.3036 MXN. From a start-to-finish perspective, comparing the January average rate of 0.9460 to the December average rate of 0.7027, the exchange rate registered a net change of -25.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9783 was up 4.74% compared to the 2016 peak of 0.9340, 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 4,892 MXN
2016 Average 4,276 MXN
Yearly Trough Low 3,374 MXN
Transaction Impact: A difference of 1,517.87 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9713
0.6678
JanuMarcMayJulySeptNove

ETB to MXN 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 0.8517, compared to 0.7358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1159 points.

H1 Avg (Jan–Jun) 0.8517
H2 Avg (Jul–Dec) 0.7358

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.1068 MXN (High: 0.8014 / Low: 0.6946). On the other end, August was the most stable month, with a tight range of 0.0176 MXN (High: 0.7736 / Low: 0.7560).

October Spread (Volatile) ±0.1068
August Spread (Stable) ±0.0176

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 January and February, when the average rate fell by 0.0516 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0516

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.9460) against the same month in 2016 (average: 0.8485), the exchange rate shifted by +0.0975 (+11.49%).

2017 Avg (January) 0.9460
2016 Avg (January) 0.8485

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9783 0.9158 0.9460
February 0.9203 0.8653 0.8945
March 0.8811 0.8181 0.8477
April 0.8380 0.8084 0.8197
May 0.8338 0.8004 0.8161
June 0.8161 0.7687 0.7862
July 0.7906 0.7517 0.7673
August 0.7736 0.7560 0.7628
September 0.7737 0.7494 0.7585
October 0.8014 0.6946 0.7306
November 0.7060 0.6748 0.6931
December 0.7259 0.6799 0.7027