2017 ETB to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ETB to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ETB to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 22.2092. Conversely, the yearly low was recorded on August 5, dropping to 9.1352.
This high-to-low spread represents a total annual volatility of 13.0740 SYP. From a start-to-finish perspective, comparing the January average rate of 9.4855 to the December average rate of 18.8243, the exchange rate registered a net change of 98.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 22.2092 was up 113.79% compared to the 2016 peak of 10.3883, 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 SYP 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 9.3911, compared to 17.8615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.4704 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 13.0740 SYP (High: 22.2092 / Low: 9.1352). On the other end, April was the most stable month, with a tight range of 0.1309 SYP (High: 9.4397 / Low: 9.3088).
Growth Streaks & Declines
TrendsBetween 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 1.9118 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 18.3510) against the same month in 2016 (average: 9.7413), the exchange rate shifted by +8.6097 (+88.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.5736 | 9.4220 | 9.4855 |
| February | 9.5665 | 9.3763 | 9.4552 |
| March | 9.5210 | 9.3393 | 9.4293 |
| April | 9.4397 | 9.3088 | 9.3764 |
| May | 9.3871 | 9.2483 | 9.3192 |
| June | 9.3481 | 9.1993 | 9.2810 |
| July | 9.3571 | 9.1464 | 9.2302 |
| August | 22.2092 | 9.1352 | 18.3510 |
| September | 22.0840 | 21.7493 | 21.9083 |
| October | 21.9482 | 18.8296 | 19.9965 |
| November | 19.0249 | 18.7456 | 18.8586 |
| December | 19.0057 | 18.6922 | 18.8243 |