2017 NZD to ETB Historical Review

YEARLY HIGH

19.5894 ETB

YEARLY LOW

15.5448 ETB

YEARLY AVERAGE

17.0218 ETB

2017 NZD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 19.5894. Conversely, the yearly low was recorded on January 2, dropping to 15.5448.

This high-to-low spread represents a total annual volatility of 4.0445 ETB. From a start-to-finish perspective, comparing the January average rate of 16.0709 to the December average rate of 19.0621, the exchange rate registered a net change of 18.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 19.5894 was up 18.93% compared to the 2016 peak of 16.4716, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97,947 ETB

2016 Average 76,163 ETB

Yearly Trough Low 77,724 ETB

Transaction Impact: A difference of 20,222.56 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

19.3763

15.6053

JanuMarcMayJulySeptNove

NZD 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 16.1601, compared to 17.8834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7232 points.

H1 Avg (Jan–Jun) 16.1601

H2 Avg (Jul–Dec) 17.8834

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 2.9941 ETB (High: 19.5894 / Low: 16.5952). On the other end, February was the most stable month, with a tight range of 0.4253 ETB (High: 16.6102 / Low: 16.1849).

October Spread (Volatile) ±2.9941

February Spread (Stable) ±0.4253

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.4463 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4463

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 18.2216) against the same month in 2016 (average: 15.8945), the exchange rate shifted by +2.3271 (+14.64%).

2017 Avg (October) 18.2216

2016 Avg (October) 15.8945

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.5456	15.5448	16.0709
February	16.6102	16.1849	16.3659
March	16.1125	15.6042	15.9196
April	16.1910	15.7209	15.9406
May	16.3052	15.7064	15.9771
June	17.0071	16.2685	16.6867
July	17.5243	16.8281	17.1194
August	17.4355	16.7142	17.0488
September	17.3070	16.6957	17.0433
October	19.5894	16.5952	18.2216
November	19.0335	18.6056	18.8052
December	19.4323	18.5351	19.0621