YEARLY HIGH
3.5250 ETB
YEARLY LOW
2.8734 ETB
YEARLY AVERAGE
3.0746 ETB

2017 HKD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HKD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 3.5250. Conversely, the yearly low was recorded on January 5, dropping to 2.8734.

This high-to-low spread represents a total annual volatility of 0.6517 ETB. From a start-to-finish perspective, comparing the January average rate of 2.9090 to the December average rate of 3.5018, the exchange rate registered a net change of 20.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.5250 was up 21.45% compared to the 2016 peak of 2.9026, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 88,126 ETB
2016 Average 70,334 ETB
Yearly Trough Low 71,834 ETB
Transaction Impact: A difference of 16,291.41 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.5611
2.8497
JanuMarcMayJulySeptNove

HKD 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 2.9356, compared to 3.2137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2781 points.

H1 Avg (Jan–Jun) 2.9356
H2 Avg (Jul–Dec) 3.2137

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.5000 ETB (High: 3.5058 / Low: 3.0058). On the other end, May was the most stable month, with a tight range of 0.0373 ETB (High: 2.9736 / Low: 2.9363).

October Spread (Volatile) ±0.5000
May Spread (Stable) ±0.0373

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: 3.5018) against the same month in 2016 (average: 2.8866), the exchange rate shifted by +0.6152 (+21.31%).

2017 Avg (December) 3.5018
2016 Avg (December) 2.8866

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9327 2.8734 2.9090
February 2.9456 2.8878 2.9215
March 2.9557 2.9006 2.9272
April 2.9625 2.9220 2.9403
May 2.9736 2.9363 2.9538
June 2.9869 2.9407 2.9617
July 3.0017 2.9329 2.9750
August 3.0104 2.9632 2.9832
September 3.0305 2.9801 3.0084
October 3.5058 3.0058 3.3152
November 3.5202 3.4692 3.4987
December 3.5250 3.4706 3.5018