YEARLY HIGH
32.8468 ETB
YEARLY LOW
23.4256 ETB
YEARLY AVERAGE
27.1307 ETB

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EUR based on timing:

Yearly Peak High 164,234 ETB
2016 Average 120,837 ETB
Yearly Trough Low 117,128 ETB
Transaction Impact: A difference of 47,105.64 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

33.2386
23.1503
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 24.7176
H2 Avg (Jul–Dec) 29.5439

Volatility Range Comparison

Volatility

The 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).

October Spread (Volatile) ±4.6331
September Spread (Stable) ±0.6407

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (December) 32.3979
2016 Avg (December) 23.5934

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