YEARLY HIGH
1.7948 ETB
YEARLY LOW
1.4481 ETB
YEARLY AVERAGE
1.5528 ETB

2017 MVR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MVR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 1.7948. Conversely, the yearly low was recorded on March 5, dropping to 1.4481.

This high-to-low spread represents a total annual volatility of 0.3467 ETB. From a start-to-finish perspective, comparing the January average rate of 1.4681 to the December average rate of 1.7760, the exchange rate registered a net change of 20.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.7948 was up 21.73% compared to the 2016 peak of 1.4744, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,974 ETB
2016 Average 7,153 ETB
Yearly Trough Low 7,241 ETB
Transaction Impact: A difference of 1,733.39 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.8092
1.4354
JanuMarcMayJulySeptNove

MVR 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 1.4754, compared to 1.6302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1548 points.

H1 Avg (Jan–Jun) 1.4754
H2 Avg (Jul–Dec) 1.6302

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.2527 ETB (High: 1.7760 / Low: 1.5232). On the other end, January was the most stable month, with a tight range of 0.0234 ETB (High: 1.4787 / Low: 1.4553).

October Spread (Volatile) ±0.2527
January Spread (Stable) ±0.0234

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0026 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.7781) against the same month in 2016 (average: 1.4606), the exchange rate shifted by +0.3174 (+21.73%).

2017 Avg (November) 1.7781
2016 Avg (November) 1.4606

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4787 1.4553 1.4681
February 1.4784 1.4502 1.4665
March 1.4807 1.4481 1.4667
April 1.4938 1.4649 1.4805
May 1.5049 1.4698 1.4867
June 1.4979 1.4688 1.4841
July 1.5158 1.4817 1.5005
August 1.6514 1.4981 1.5220
September 1.5366 1.5094 1.5251
October 1.7760 1.5232 1.6797
November 1.7948 1.7589 1.7781
December 1.7889 1.7583 1.7760