2017 LVL to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 LVL to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the LVL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 35.2396. Conversely, the yearly low was recorded on January 9, dropping to 22.3932.
This high-to-low spread represents a total annual volatility of 12.8464 ETB. From a start-to-finish perspective, comparing the January average rate of 31.4863 to the December average rate of 27.3579, the exchange rate registered a net change of -13.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 35.2396 was down 0.99% compared to the 2016 peak of 35.5918, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LVL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
LVL 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 27.3083, compared to 25.1023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2060 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was February, with a trading range of 12.5396 ETB (High: 34.9453 / Low: 22.4057). On the other end, May was the most stable month, with a tight range of 0.3225 ETB (High: 23.1750 / Low: 22.8525).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 10.5353 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 34.5843) against the same month in 2016 (average: 34.0592), the exchange rate shifted by +0.5251 (+1.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.6164 | 22.3932 | 31.4863 |
| February | 34.9453 | 22.4057 | 27.6330 |
| March | 35.2396 | 34.0202 | 34.5843 |
| April | 34.6952 | 22.7070 | 24.0490 |
| 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 |