2017 ETB to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ETB to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ETB to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 25.8249. Conversely, the yearly low was recorded on November 30, dropping to 21.0636.
This high-to-low spread represents a total annual volatility of 4.7613 SOS. From a start-to-finish perspective, comparing the January average rate of 25.6093 to the December average rate of 21.2003, the exchange rate registered a net change of -17.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 25.8249 was down 12.06% compared to the 2016 peak of 29.3666, 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 SOS 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 25.3628, compared to 23.2167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1460 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 3.4262 SOS (High: 24.6439 / Low: 21.2177). On the other end, April was the most stable month, with a tight range of 0.3901 SOS (High: 25.5368 / Low: 25.1467).
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 2.2152 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 25.6093) against the same month in 2016 (average: 29.1332), the exchange rate shifted by -3.5239 (-12.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.8249 | 25.3846 | 25.6093 |
| February | 25.8031 | 25.1531 | 25.5385 |
| March | 25.5705 | 25.1105 | 25.4297 |
| April | 25.5368 | 25.1467 | 25.3604 |
| May | 25.6721 | 24.8362 | 25.1604 |
| June | 25.2791 | 24.7855 | 25.0783 |
| July | 25.1392 | 24.6810 | 24.8780 |
| August | 25.3105 | 24.6242 | 24.7982 |
| September | 25.1438 | 24.4561 | 24.7135 |
| October | 24.6439 | 21.2177 | 22.4983 |
| November | 21.8428 | 21.0636 | 21.2121 |
| December | 21.6022 | 21.0870 | 21.2003 |