YEARLY HIGH
0.5496 ETB
YEARLY LOW
0.4486 ETB
YEARLY AVERAGE
0.4755 ETB

2017 PHP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PHP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.5496. Conversely, the yearly low was recorded on March 11, dropping to 0.4486.

This high-to-low spread represents a total annual volatility of 0.1010 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4536 to the December average rate of 0.5441, the exchange rate registered a net change of 19.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5496 was up 14.96% compared to the 2016 peak of 0.4781, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 137,397 ETB
2016 Average 114,990 ETB
Yearly Trough Low 112,141 ETB
Transaction Impact: A difference of 25,256.48 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5532
0.4435
JanuMarcMayJulySeptNove

PHP 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 0.4572, compared to 0.4937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0364 points.

H1 Avg (Jan–Jun) 0.4572
H2 Avg (Jul–Dec) 0.4937

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0757 ETB (High: 0.5321 / Low: 0.4564). On the other end, January was the most stable month, with a tight range of 0.0074 ETB (High: 0.4570 / Low: 0.4496).

October Spread (Volatile) ±0.0757
January Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.0043 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.5441) against the same month in 2016 (average: 0.4499), the exchange rate shifted by +0.0942 (+20.93%).

2017 Avg (December) 0.5441
2016 Avg (December) 0.4499

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4570 0.4496 0.4536
February 0.4582 0.4487 0.4535
March 0.4564 0.4486 0.4526
April 0.4657 0.4527 0.4588
May 0.4665 0.4575 0.4617
June 0.4702 0.4551 0.4633
July 0.4625 0.4523 0.4590
August 0.4673 0.4521 0.4579
September 0.4663 0.4558 0.4612
October 0.5321 0.4564 0.5036
November 0.5461 0.5285 0.5364
December 0.5496 0.5363 0.5441