2017 ETB to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ETB to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ETB to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 4.6777. Conversely, the yearly low was recorded on November 11, dropping to 3.8431.
This high-to-low spread represents a total annual volatility of 0.8346 PKR. From a start-to-finish perspective, comparing the January average rate of 4.6377 to the December average rate of 3.9730, the exchange rate registered a net change of -14.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 4.6777 was down 5.53% compared to the 2016 peak of 4.9514, 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 PKR 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 4.5905, compared to 4.2394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3512 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 0.6312 PKR (High: 4.4830 / Low: 3.8518). On the other end, November was the most stable month, with a tight range of 0.0323 PKR (High: 3.8754 / Low: 3.8431).
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 0.3981 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 4.6234) against the same month in 2016 (average: 4.9083), the exchange rate shifted by -0.2849 (-5.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.6600 | 4.6047 | 4.6377 |
| February | 4.6777 | 4.5855 | 4.6234 |
| March | 4.6294 | 4.5663 | 4.6066 |
| April | 4.6220 | 4.5514 | 4.5875 |
| May | 4.5780 | 4.4980 | 4.5545 |
| June | 4.5667 | 4.4922 | 4.5333 |
| July | 4.5566 | 4.4876 | 4.5248 |
| August | 4.5401 | 4.4829 | 4.5078 |
| September | 4.5116 | 4.4500 | 4.4870 |
| October | 4.4830 | 3.8518 | 4.0889 |
| November | 3.8754 | 3.8431 | 3.8547 |
| December | 4.0475 | 3.8478 | 3.9730 |