YEARLY HIGH
1.4820 ETB
YEARLY LOW
1.0221 ETB
YEARLY AVERAGE
1.2705 ETB

2017 MXN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MXN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 1.4820. Conversely, the yearly low was recorded on January 11, dropping to 1.0221.

This high-to-low spread represents a total annual volatility of 0.4599 ETB. From a start-to-finish perspective, comparing the January average rate of 1.0574 to the December average rate of 1.4236, the exchange rate registered a net change of 34.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.4820 was up 17.78% compared to the 2016 peak of 1.2583, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 74,099 ETB
2016 Average 58,545 ETB
Yearly Trough Low 51,107 ETB
Transaction Impact: A difference of 22,992.50 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.4817
1.0188
JanuMarcMayJulySeptNove

MXN 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 1.1790, compared to 1.3621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1832 points.

H1 Avg (Jan–Jun) 1.1790
H2 Avg (Jul–Dec) 1.3621

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.1918 ETB (High: 1.4396 / Low: 1.2478). On the other end, August was the most stable month, with a tight range of 0.0300 ETB (High: 1.3227 / Low: 1.2927).

October Spread (Volatile) ±0.1918
August Spread (Stable) ±0.0300

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0195 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.4431) against the same month in 2016 (average: 1.1127), the exchange rate shifted by +0.3303 (+29.69%).

2017 Avg (November) 1.4431
2016 Avg (November) 1.1127

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0920 1.0221 1.0574
February 1.1556 1.0866 1.1183
March 1.2223 1.1349 1.1803
April 1.2370 1.1933 1.2201
May 1.2493 1.1994 1.2255
June 1.3009 1.2254 1.2723
July 1.3303 1.2649 1.3036
August 1.3227 1.2927 1.3110
September 1.3345 1.2925 1.3186
October 1.4396 1.2478 1.3728
November 1.4820 1.4164 1.4431
December 1.4707 1.3775 1.4236