YEARLY HIGH
0.1798 ETB
YEARLY LOW
0.1486 ETB
YEARLY AVERAGE
0.1571 ETB

2017 LKR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the LKR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.1798. Conversely, the yearly low was recorded on February 22, dropping to 0.1486.

This high-to-low spread represents a total annual volatility of 0.0312 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1505 to the December average rate of 0.1786, the exchange rate registered a net change of 18.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1798 was up 18.05% compared to the 2016 peak of 0.1523, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 899 ETB
2016 Average 747 ETB
Yearly Trough Low 743 ETB
Transaction Impact: A difference of 156.14 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1815
0.1471
JanuMarcMayJulySeptNove

LKR 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 0.1505, compared to 0.1638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.1505
H2 Avg (Jul–Dec) 0.1638

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0248 ETB (High: 0.1781 / Low: 0.1533). On the other end, September was the most stable month, with a tight range of 0.0017 ETB (High: 0.1545 / Low: 0.1528).

October Spread (Volatile) ±0.0248
September Spread (Stable) ±0.0017

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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.1786) against the same month in 2016 (average: 0.1501), the exchange rate shifted by +0.0285 (+18.95%).

2017 Avg (December) 0.1786
2016 Avg (December) 0.1501

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1514 0.1495 0.1505
February 0.1515 0.1486 0.1501
March 0.1523 0.1490 0.1500
April 0.1515 0.1492 0.1502
May 0.1526 0.1501 0.1509
June 0.1522 0.1498 0.1511
July 0.1526 0.1507 0.1515
August 0.1542 0.1516 0.1526
September 0.1545 0.1528 0.1536
October 0.1781 0.1533 0.1685
November 0.1791 0.1766 0.1778
December 0.1798 0.1772 0.1786