2017 PEN to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PEN to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PEN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 8.4981. Conversely, the yearly low was recorded on January 11, dropping to 6.5931.
This high-to-low spread represents a total annual volatility of 1.9050 ETB. From a start-to-finish perspective, comparing the January average rate of 6.7598 to the December average rate of 8.4317, the exchange rate registered a net change of 24.73% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 8.4981 was up 26.78% compared to the 2016 peak of 6.7032, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
PEN 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 6.9699, compared to 7.7333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7634 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 1.2665 ETB (High: 8.4480 / Low: 7.1815). On the other end, May was the most stable month, with a tight range of 0.0968 ETB (High: 7.0841 / Low: 6.9873).
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 April and May, when the average rate fell by 0.0032 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 8.4138) against the same month in 2016 (average: 6.5619), the exchange rate shifted by +1.8519 (+28.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.9296 | 6.5931 | 6.7598 |
| February | 7.0263 | 6.8117 | 6.9575 |
| March | 7.0601 | 6.8656 | 6.9668 |
| April | 7.0888 | 6.9801 | 7.0327 |
| May | 7.0841 | 6.9873 | 7.0294 |
| June | 7.1535 | 7.0226 | 7.0730 |
| July | 7.2221 | 7.0710 | 7.1542 |
| August | 7.2712 | 7.1490 | 7.1986 |
| September | 7.3032 | 7.1799 | 7.2424 |
| October | 8.4480 | 7.1815 | 7.9591 |
| November | 8.4981 | 8.0467 | 8.4138 |
| December | 8.4952 | 8.3474 | 8.4317 |