YEARLY HIGH
0.0031 ETB
YEARLY LOW
0.0024 ETB
YEARLY AVERAGE
0.0026 ETB

2017 GNF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GNF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0031. Conversely, the yearly low was recorded on January 10, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 0.0007 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0024 to the December average rate of 0.0030, the exchange rate registered a net change of 25.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0031 was up 2.06% compared to the 2016 peak of 0.0030, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15 ETB
2016 Average 13 ETB
Yearly Trough Low 12 ETB
Transaction Impact: A difference of 3.43 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0031
0.0023
JanuMarcMayJulySeptNove

GNF 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 0.0025, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0025
H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0004 ETB (High: 0.0030 / Low: 0.0026). On the other end, November was the most stable month, with a tight range of 0.0000 ETB (High: 0.0031 / Low: 0.0030).

October Spread (Volatile) ±0.0004
November Spread (Stable) ±0.0000

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: 0.0030) against the same month in 2016 (average: 0.0024), the exchange rate shifted by +0.0006 (+25.67%).

2017 Avg (December) 0.0030
2016 Avg (December) 0.0024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0025 0.0024 0.0024
February 0.0025 0.0024 0.0024
March 0.0025 0.0024 0.0024
April 0.0025 0.0024 0.0025
May 0.0025 0.0025 0.0025
June 0.0026 0.0025 0.0025
July 0.0026 0.0026 0.0026
August 0.0026 0.0026 0.0026
September 0.0027 0.0026 0.0026
October 0.0030 0.0026 0.0029
November 0.0031 0.0030 0.0030
December 0.0031 0.0030 0.0030