YEARLY HIGH
0.5793 ETB
YEARLY LOW
0.4957 ETB
YEARLY AVERAGE
0.5226 ETB

2017 GMD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.5793. Conversely, the yearly low was recorded on May 4, dropping to 0.4957.

This high-to-low spread represents a total annual volatility of 0.0836 ETB. From a start-to-finish perspective, comparing the January average rate of 0.5182 to the December average rate of 0.5756, the exchange rate registered a net change of 11.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5793 was up 6.11% compared to the 2016 peak of 0.5459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,896 ETB
2016 Average 2,602 ETB
Yearly Trough Low 2,479 ETB
Transaction Impact: A difference of 417.76 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5840
0.4912
JanuMarcMayJulySeptNove

GMD 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 0.5077, compared to 0.5375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0297 points.

H1 Avg (Jan–Jun) 0.5077
H2 Avg (Jul–Dec) 0.5375

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0796 ETB (High: 0.5772 / Low: 0.4976). On the other end, November was the most stable month, with a tight range of 0.0064 ETB (High: 0.5791 / Low: 0.5727).

October Spread (Volatile) ±0.0796
November Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0066 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.5756) against the same month in 2016 (average: 0.5231), the exchange rate shifted by +0.0525 (+10.04%).

2017 Avg (December) 0.5756
2016 Avg (December) 0.5231

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5263 0.5074 0.5182
February 0.5211 0.5046 0.5133
March 0.5138 0.5022 0.5082
April 0.5112 0.5018 0.5055
May 0.5050 0.4957 0.4990
June 0.5082 0.4972 0.5023
July 0.5092 0.4977 0.5048
August 0.5164 0.5030 0.5082
September 0.5153 0.5064 0.5106
October 0.5772 0.4976 0.5494
November 0.5791 0.5727 0.5762
December 0.5793 0.5704 0.5756