2017 LTL to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 LTL to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the LTL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 27.5500. Conversely, the yearly low was recorded on January 4, dropping to 6.7829.
This high-to-low spread represents a total annual volatility of 20.7671 ETB. From a start-to-finish perspective, comparing the January average rate of 10.4602 to the December average rate of 27.3579, the exchange rate registered a net change of 161.54% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 27.5500 was up 276.42% compared to the 2016 peak of 7.3189, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LTL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
LTL 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 16.8009, compared to 25.1023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.3014 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was April, with a trading range of 15.9684 ETB (High: 23.0181 / Low: 7.0496). On the other end, March was the most stable month, with a tight range of 0.2481 ETB (High: 7.1728 / Low: 6.9247).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 8.8810 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 27.3579) against the same month in 2016 (average: 6.8351), the exchange rate shifted by +20.5229 (+300.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.7500 | 6.7829 | 10.4602 |
| February | 22.8049 | 6.8944 | 15.9205 |
| March | 7.1728 | 6.9247 | 7.0395 |
| April | 23.0181 | 7.0496 | 21.2878 |
| May | 23.1750 | 22.8525 | 23.0019 |
| June | 23.3000 | 22.9290 | 23.0953 |
| July | 23.4347 | 22.9066 | 23.2309 |
| August | 23.5550 | 23.1866 | 23.3318 |
| September | 23.6785 | 23.3200 | 23.5088 |
| October | 27.3500 | 23.4623 | 25.8758 |
| November | 27.4702 | 27.0693 | 27.3085 |
| December | 27.5500 | 27.0956 | 27.3579 |