2017 ETB to ZAR Historical Review

YEARLY HIGH

0.6139 ZAR

YEARLY LOW

0.4479 ZAR

YEARLY AVERAGE

0.5577 ZAR

2017 ETB to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.6139. Conversely, the yearly low was recorded on December 27, dropping to 0.4479.

This high-to-low spread represents a total annual volatility of 0.1660 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.6020 to the December average rate of 0.4785, the exchange rate registered a net change of -20.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6139 was down 22.54% compared to the 2016 peak of 0.7925, 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 3,069 ZAR

2016 Average 3,370 ZAR

Yearly Trough Low 2,239 ZAR

Transaction Impact: A difference of 830.03 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6143

0.4661

JanuMarcMayJulySeptNove

ETB to ZAR 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 0.5790, compared to 0.5365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0426 points.

H1 Avg (Jan–Jun) 0.5790

H2 Avg (Jul–Dec) 0.5365

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0978 ZAR (High: 0.5867 / Low: 0.4889). On the other end, June was the most stable month, with a tight range of 0.0239 ZAR (High: 0.5667 / Low: 0.5428).

October Spread (Volatile) ±0.0978

June Spread (Stable) ±0.0239

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 0.0376 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.6020) against the same month in 2016 (average: 0.7664), the exchange rate shifted by -0.1644 (-21.46%).

2017 Avg (January) 0.6020

2016 Avg (January) 0.7664

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6139	0.5856	0.6020
February	0.5998	0.5658	0.5813
March	0.5907	0.5441	0.5686
April	0.6062	0.5682	0.5877
May	0.5971	0.5553	0.5763
June	0.5667	0.5428	0.5583
July	0.5813	0.5533	0.5650
August	0.5809	0.5520	0.5675
September	0.5755	0.5466	0.5598
October	0.5867	0.4889	0.5319
November	0.5324	0.4976	0.5161
December	0.5049	0.4479	0.4785