2017 EUR to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 EUR to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the EUR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 32.8468. Conversely, the yearly low was recorded on January 3, dropping to 23.4256.
This high-to-low spread represents a total annual volatility of 9.4211 ETB. From a start-to-finish perspective, comparing the January average rate of 23.9910 to the December average rate of 32.3979, the exchange rate registered a net change of 35.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 32.8468 was up 31.33% compared to the 2016 peak of 25.0113, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
EUR to ETB 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 24.7176, compared to 29.5439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8263 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 4.6331 ETB (High: 32.1665 / Low: 27.5334). On the other end, September was the most stable month, with a tight range of 0.6407 ETB (High: 28.3019 / Low: 27.6613).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 32.3979) against the same month in 2016 (average: 23.5934), the exchange rate shifted by +8.8045 (+37.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.4608 | 23.4256 | 23.9910 |
| February | 24.5339 | 23.7823 | 24.1251 |
| March | 24.7335 | 23.8532 | 24.3150 |
| April | 25.1026 | 24.1090 | 24.4933 |
| May | 25.8439 | 24.9745 | 25.4434 |
| June | 26.4938 | 25.6645 | 25.9376 |
| July | 27.3245 | 26.3046 | 26.7991 |
| August | 28.1959 | 27.2765 | 27.5787 |
| September | 28.3019 | 27.6613 | 28.0086 |
| October | 32.1665 | 27.5334 | 30.4064 |
| November | 32.6892 | 31.5655 | 32.0728 |
| December | 32.8468 | 31.8752 | 32.3979 |