2017 ETB to TOP Historical Review

YEARLY HIGH

0.1039 TOP

YEARLY LOW

0.0817 TOP

YEARLY AVERAGE

0.0950 TOP

2017 ETB to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1039. Conversely, the yearly low was recorded on October 23, dropping to 0.0817.

This high-to-low spread represents a total annual volatility of 0.0222 TOP. From a start-to-finish perspective, comparing the January average rate of 0.1020 to the December average rate of 0.0836, the exchange rate registered a net change of -18.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1039 was down 5.16% compared to the 2016 peak of 0.1095, 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 519 TOP

2016 Average 516 TOP

Yearly Trough Low 408 TOP

Transaction Impact: A difference of 111.13 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1039

0.0813

JanuMarcMayJulySeptNove

ETB to TOP 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 0.1003, compared to 0.0898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.1003

H2 Avg (Jul–Dec) 0.0898

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0140 TOP (High: 0.0957 / Low: 0.0817). On the other end, November was the most stable month, with a tight range of 0.0019 TOP (High: 0.0842 / Low: 0.0823).

October Spread (Volatile) ±0.0140

November Spread (Stable) ±0.0019

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 0.0072 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1020) against the same month in 2016 (average: 0.1062), the exchange rate shifted by -0.0042 (-3.93%).

2017 Avg (January) 0.1020

2016 Avg (January) 0.1062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1039	0.1005	0.1020
February	0.1016	0.0985	0.0997
March	0.1019	0.0984	0.1006
April	0.1016	0.0996	0.1005
May	0.1020	0.0996	0.1007
June	0.0999	0.0968	0.0985
July	0.0982	0.0945	0.0963
August	0.0963	0.0933	0.0945
September	0.0952	0.0930	0.0941
October	0.0957	0.0817	0.0869
November	0.0842	0.0823	0.0831
December	0.0850	0.0827	0.0836