YEARLY HIGH
0.4071 SEK
YEARLY LOW
0.2972 SEK
YEARLY AVERAGE
0.3589 SEK

2017 ETB to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.4071. Conversely, the yearly low was recorded on October 16, dropping to 0.2972.

This high-to-low spread represents a total annual volatility of 0.1099 SEK. From a start-to-finish perspective, comparing the January average rate of 0.3965 to the December average rate of 0.3063, the exchange rate registered a net change of -22.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4071 was down 3.16% compared to the 2016 peak of 0.4204, 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 2,036 SEK
2016 Average 1,960 SEK
Yearly Trough Low 1,486 SEK
Transaction Impact: A difference of 549.67 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4056
0.2973
JanuMarcMayJulySeptNove

ETB to SEK 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 0.3886, compared to 0.3292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0594 points.

H1 Avg (Jan–Jun) 0.3886
H2 Avg (Jul–Dec) 0.3292

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0487 SEK (High: 0.3458 / Low: 0.2972). On the other end, November was the most stable month, with a tight range of 0.0074 SEK (High: 0.3093 / Low: 0.3019).

October Spread (Volatile) ±0.0487
November Spread (Stable) ±0.0074

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 0.0230 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0230

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.3965) against the same month in 2016 (average: 0.4020), the exchange rate shifted by -0.0054 (-1.35%).

2017 Avg (January) 0.3965
2016 Avg (January) 0.4020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4071 0.3861 0.3965
February 0.3987 0.3837 0.3931
March 0.4001 0.3848 0.3922
April 0.3985 0.3829 0.3922
May 0.3866 0.3760 0.3815
June 0.3801 0.3635 0.3758
July 0.3664 0.3495 0.3578
August 0.3510 0.3372 0.3464
September 0.3457 0.3371 0.3404
October 0.3458 0.2972 0.3174
November 0.3093 0.3019 0.3069
December 0.3123 0.2990 0.3063