YEARLY HIGH
0.0775 ETB
YEARLY LOW
0.0621 ETB
YEARLY AVERAGE
0.0666 ETB

2017 MRO to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MRO to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0775. Conversely, the yearly low was recorded on January 5, dropping to 0.0621.

This high-to-low spread represents a total annual volatility of 0.0154 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0629 to the December average rate of 0.0770, the exchange rate registered a net change of 22.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0775 was up 12.85% compared to the 2016 peak of 0.0687, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 388 ETB
2016 Average 311 ETB
Yearly Trough Low 311 ETB
Transaction Impact: A difference of 76.77 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0784
0.0615
JanuMarcMayJulySeptNove

MRO 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 0.0635, compared to 0.0697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.0635
H2 Avg (Jul–Dec) 0.0697

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0127 ETB (High: 0.0770 / Low: 0.0643). On the other end, September was the most stable month, with a tight range of 0.0008 ETB (High: 0.0648 / Low: 0.0640).

October Spread (Volatile) ±0.0127
September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.0770) against the same month in 2016 (average: 0.0625), the exchange rate shifted by +0.0145 (+23.12%).

2017 Avg (December) 0.0770
2016 Avg (December) 0.0625

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0635 0.0621 0.0629
February 0.0638 0.0625 0.0631
March 0.0641 0.0630 0.0633
April 0.0639 0.0630 0.0635
May 0.0646 0.0636 0.0639
June 0.0647 0.0637 0.0641
July 0.0647 0.0638 0.0643
August 0.0647 0.0636 0.0642
September 0.0648 0.0640 0.0643
October 0.0770 0.0643 0.0717
November 0.0775 0.0763 0.0770
December 0.0775 0.0763 0.0770