2017 ETB to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ETB to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ETB to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 4.8763. Conversely, the yearly low was recorded on December 31, dropping to 3.7289.
This high-to-low spread represents a total annual volatility of 1.1475 NPR. From a start-to-finish perspective, comparing the January average rate of 4.8269 to the December average rate of 3.7569, the exchange rate registered a net change of -22.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 4.8763 was down 5.38% compared to the 2016 peak of 5.1536, 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 NPR 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 4.6086, compared to 4.1347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4739 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 0.6632 NPR (High: 4.4569 / Low: 3.7937). On the other end, July was the most stable month, with a tight range of 0.0682 NPR (High: 4.4634 / Low: 4.3951).
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 0.3462 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 4.8269) against the same month in 2016 (average: 5.0667), the exchange rate shifted by -0.2397 (-4.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.8763 | 4.7715 | 4.8269 |
| February | 4.8085 | 4.6640 | 4.7293 |
| March | 4.7156 | 4.5604 | 4.6362 |
| April | 4.5825 | 4.4794 | 4.5204 |
| May | 4.5149 | 4.4423 | 4.4794 |
| June | 4.4905 | 4.4191 | 4.4597 |
| July | 4.4634 | 4.3951 | 4.4339 |
| August | 4.4210 | 4.3435 | 4.3851 |
| September | 4.4644 | 4.3360 | 4.3900 |
| October | 4.4569 | 3.7937 | 4.0438 |
| November | 3.8445 | 3.7495 | 3.7986 |
| December | 3.8036 | 3.7289 | 3.7569 |