YEARLY HIGH
2.0706 ETB
YEARLY LOW
1.6545 ETB
YEARLY AVERAGE
1.7633 ETB

2017 SCR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SCR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 2.0706. Conversely, the yearly low was recorded on March 11, dropping to 1.6545.

This high-to-low spread represents a total annual volatility of 0.4161 ETB. From a start-to-finish perspective, comparing the January average rate of 1.6869 to the December average rate of 1.9644, the exchange rate registered a net change of 16.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0706 was up 19.43% compared to the 2016 peak of 1.7337, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,353 ETB
2016 Average 8,231 ETB
Yearly Trough Low 8,272 ETB
Transaction Impact: A difference of 2,080.51 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0054
1.6567
JanuMarcMayJulySeptNove

SCR 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 1.6950, compared to 1.8315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1365 points.

H1 Avg (Jan–Jun) 1.6950
H2 Avg (Jul–Dec) 1.8315

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.3168 ETB (High: 2.0271 / Low: 1.7103). On the other end, February was the most stable month, with a tight range of 0.0606 ETB (High: 1.7190 / Low: 1.6584).

October Spread (Volatile) ±0.3168
February Spread (Stable) ±0.0606

Growth Streaks & Declines

Trends

Between February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0119 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.9763) against the same month in 2016 (average: 1.6728), the exchange rate shifted by +0.3035 (+18.14%).

2017 Avg (November) 1.9763
2016 Avg (November) 1.6728

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7353 1.6604 1.6869
February 1.7190 1.6584 1.6857
March 1.7491 1.6545 1.6884
April 1.7504 1.6635 1.6959
May 1.7353 1.6721 1.6985
June 1.7650 1.6674 1.7147
July 1.7696 1.6793 1.7162
August 1.7667 1.6962 1.7187
September 1.7640 1.7023 1.7250
October 2.0271 1.7103 1.8885
November 2.0706 1.9298 1.9763
December 2.0480 1.9333 1.9644