2017 ETB to NZD Historical Review

YEARLY HIGH

0.0643 NZD

YEARLY LOW

0.0510 NZD

YEARLY AVERAGE

0.0590 NZD

2017 ETB to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0643. Conversely, the yearly low was recorded on October 16, dropping to 0.0510.

This high-to-low spread represents a total annual volatility of 0.0133 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0622 to the December average rate of 0.0525, the exchange rate registered a net change of -15.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0643 was down 12.65% compared to the 2016 peak of 0.0736, 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 322 NZD

2016 Average 329 NZD

Yearly Trough Low 255 NZD

Transaction Impact: A difference of 66.41 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0639

0.0514

JanuMarcMayJulySeptNove

ETB to NZD 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 0.0619, compared to 0.0561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0619

H2 Avg (Jul–Dec) 0.0561

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0092 NZD (High: 0.0603 / Low: 0.0510). On the other end, November was the most stable month, with a tight range of 0.0012 NZD (High: 0.0537 / Low: 0.0525).

October Spread (Volatile) ±0.0092

November Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between 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 0.0036 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0622) against the same month in 2016 (average: 0.0719), the exchange rate shifted by -0.0097 (-13.46%).

2017 Avg (January) 0.0622

2016 Avg (January) 0.0719

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0643	0.0604	0.0622
February	0.0618	0.0602	0.0611
March	0.0641	0.0621	0.0628
April	0.0636	0.0618	0.0627
May	0.0637	0.0613	0.0626
June	0.0615	0.0588	0.0599
July	0.0594	0.0571	0.0584
August	0.0598	0.0574	0.0587
September	0.0599	0.0578	0.0587
October	0.0603	0.0510	0.0551
November	0.0537	0.0525	0.0532
December	0.0540	0.0515	0.0525