2017 PKR to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PKR to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PKR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 0.2602. Conversely, the yearly low was recorded on February 7, dropping to 0.2138.
This high-to-low spread represents a total annual volatility of 0.0464 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2156 to the December average rate of 0.2518, the exchange rate registered a net change of 16.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 0.2602 was up 21.17% compared to the 2016 peak of 0.2148, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 PKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
PKR 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 0.2179, compared to 0.2371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0193 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 0.0366 ETB (High: 0.2596 / Low: 0.2231). On the other end, November was the most stable month, with a tight range of 0.0022 ETB (High: 0.2602 / Low: 0.2580).
Growth Streaks & Declines
TrendsBetween 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 0.0076 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 0.2594) against the same month in 2016 (average: 0.2129), the exchange rate shifted by +0.0465 (+21.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.2172 | 0.2146 | 0.2156 |
| February | 0.2181 | 0.2138 | 0.2163 |
| March | 0.2190 | 0.2160 | 0.2171 |
| April | 0.2197 | 0.2164 | 0.2180 |
| May | 0.2223 | 0.2184 | 0.2196 |
| June | 0.2226 | 0.2190 | 0.2206 |
| July | 0.2228 | 0.2195 | 0.2210 |
| August | 0.2231 | 0.2203 | 0.2218 |
| September | 0.2247 | 0.2216 | 0.2229 |
| October | 0.2596 | 0.2231 | 0.2457 |
| November | 0.2602 | 0.2580 | 0.2594 |
| December | 0.2599 | 0.2471 | 0.2518 |