YEARLY HIGH
7.3462 ETB
YEARLY LOW
5.9405 ETB
YEARLY AVERAGE
6.3891 ETB

2017 SAR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SAR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 7.3462. Conversely, the yearly low was recorded on January 5, dropping to 5.9405.

This high-to-low spread represents a total annual volatility of 1.4057 ETB. From a start-to-finish perspective, comparing the January average rate of 6.0162 to the December average rate of 7.2953, the exchange rate registered a net change of 21.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 7.3462 was up 22.39% compared to the 2016 peak of 6.0021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 36,731 ETB
2016 Average 29,111 ETB
Yearly Trough Low 29,702 ETB
Transaction Impact: A difference of 7,028.59 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

7.4232
5.8883
JanuMarcMayJulySeptNove

SAR 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 6.0845, compared to 6.6936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6090 points.

H1 Avg (Jan–Jun) 6.0845
H2 Avg (Jul–Dec) 6.6936

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 1.0376 ETB (High: 7.2941 / Low: 6.2565). On the other end, May was the most stable month, with a tight range of 0.0857 ETB (High: 6.1792 / Low: 6.0935).

October Spread (Volatile) ±1.0376
May Spread (Stable) ±0.0857

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 7.2953) against the same month in 2016 (average: 5.9701), the exchange rate shifted by +1.3252 (+22.20%).

2017 Avg (December) 7.2953
2016 Avg (December) 5.9701

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.0630 5.9405 6.0162
February 6.0953 5.9741 6.0447
March 6.1204 6.0048 6.0614
April 6.1374 6.0473 6.0935
May 6.1792 6.0935 6.1332
June 6.2134 6.1130 6.1581
July 6.2491 6.1082 6.1946
August 6.2810 6.1828 6.2215
September 6.3143 6.2185 6.2686
October 7.2941 6.2565 6.8997
November 7.3248 7.2174 7.2817
December 7.3462 7.2252 7.2953