2017 ETB to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ETB to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ETB to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 332.5553. Conversely, the yearly low was recorded on January 7, dropping to 242.6709.
This high-to-low spread represents a total annual volatility of 89.8844 SLL. From a start-to-finish perspective, comparing the January average rate of 305.6546 to the December average rate of 279.5174, the exchange rate registered a net change of -8.55% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 332.5553 was up 29.63% compared to the 2016 peak of 256.5457, 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 SLL 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 322.7703, compared to 303.7673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 19.0030 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 88.3248 SLL (High: 330.9956 / Low: 242.6709). On the other end, April was the most stable month, with a tight range of 4.5089 SLL (High: 329.2538 / Low: 324.7449).
Growth Streaks & Declines
TrendsBetween January and March, 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 24.5133 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 327.1786) against the same month in 2016 (average: 189.1638), the exchange rate shifted by +138.0148 (+72.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 330.9956 | 242.6709 | 305.6546 |
| February | 329.5441 | 321.7183 | 326.6759 |
| March | 332.5553 | 316.4808 | 327.1786 |
| April | 329.2538 | 324.7449 | 327.0893 |
| May | 327.9843 | 321.6680 | 325.0090 |
| June | 328.1595 | 320.9092 | 325.0145 |
| July | 329.5950 | 319.7957 | 322.9641 |
| August | 325.5584 | 320.5898 | 322.6332 |
| September | 323.6432 | 318.8552 | 321.1254 |
| October | 326.4435 | 279.4636 | 296.6120 |
| November | 282.3613 | 277.5649 | 279.7516 |
| December | 282.7133 | 276.9073 | 279.5174 |