2017 GTQ to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GTQ to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GTQ to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 3.7449. Conversely, the yearly low was recorded on January 4, dropping to 2.9760.
This high-to-low spread represents a total annual volatility of 0.7689 ETB. From a start-to-finish perspective, comparing the January average rate of 3.0015 to the December average rate of 3.7211, the exchange rate registered a net change of 23.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3.7449 was up 24.77% compared to the 2016 peak of 3.0014, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GTQ based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GTQ 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 3.0910, compared to 3.4286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3377 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 0.5206 ETB (High: 3.7180 / Low: 3.1975). On the other end, March was the most stable month, with a tight range of 0.0393 ETB (High: 3.1116 / Low: 3.0722).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 3.7211) against the same month in 2016 (average: 2.9838), the exchange rate shifted by +0.7373 (+24.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.0451 | 2.9760 | 3.0015 |
| February | 3.1086 | 3.0152 | 3.0579 |
| March | 3.1116 | 3.0722 | 3.0905 |
| April | 3.1354 | 3.0895 | 3.1121 |
| May | 3.1595 | 3.1184 | 3.1369 |
| June | 3.1731 | 3.1245 | 3.1469 |
| July | 3.2113 | 3.1628 | 3.1817 |
| August | 3.2313 | 3.1854 | 3.2100 |
| September | 3.2383 | 3.1924 | 3.2177 |
| October | 3.7180 | 3.1975 | 3.5200 |
| November | 3.7422 | 3.6947 | 3.7213 |
| December | 3.7449 | 3.6856 | 3.7211 |