YEARLY HIGH
13.4262 ETB
YEARLY LOW
10.5134 ETB
YEARLY AVERAGE
11.6381 ETB

2017 FJD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FJD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 13.4262. Conversely, the yearly low was recorded on January 2, dropping to 10.5134.

This high-to-low spread represents a total annual volatility of 2.9128 ETB. From a start-to-finish perspective, comparing the January average rate of 10.8364 to the December average rate of 13.2493, the exchange rate registered a net change of 22.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 13.4262 was up 22.44% compared to the 2016 peak of 10.9651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67,131 ETB
2016 Average 52,369 ETB
Yearly Trough Low 52,567 ETB
Transaction Impact: A difference of 14,564.12 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

13.4906
10.5951
JanuMarcMayJulySeptNove

FJD 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 10.9908, compared to 12.2855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2946 points.

H1 Avg (Jan–Jun) 10.9908
H2 Avg (Jul–Dec) 12.2855

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 1.9247 ETB (High: 13.3565 / Low: 11.4319). On the other end, April was the most stable month, with a tight range of 0.2096 ETB (High: 11.0814 / Low: 10.8718).

October Spread (Volatile) ±1.9247
April Spread (Stable) ±0.2096

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0710 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0710

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 13.2493) against the same month in 2016 (average: 10.6483), the exchange rate shifted by +2.6009 (+24.43%).

2017 Avg (December) 13.2493
2016 Avg (December) 10.6483

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.0099 10.5134 10.8364
February 11.1550 10.8552 11.0151
March 11.0747 10.7566 10.9441
April 11.0814 10.8718 10.9675
May 11.1181 10.8501 10.9795
June 11.3537 10.9983 11.2024
July 11.6701 11.2797 11.4382
August 11.7687 11.3844 11.5640
September 11.7833 11.5183 11.6531
October 13.3565 11.4319 12.6334
November 13.3091 13.0495 13.1747
December 13.4262 13.0038 13.2493