YEARLY HIGH
3.3649 ETB
YEARLY LOW
2.4563 ETB
YEARLY AVERAGE
2.8130 ETB

2017 SEK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SEK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 3.3649. Conversely, the yearly low was recorded on January 3, dropping to 2.4563.

This high-to-low spread represents a total annual volatility of 0.9086 ETB. From a start-to-finish perspective, comparing the January average rate of 2.5224 to the December average rate of 3.2649, the exchange rate registered a net change of 29.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.3649 was up 24.45% compared to the 2016 peak of 2.7039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,825 ETB
2016 Average 12,767 ETB
Yearly Trough Low 12,281 ETB
Transaction Impact: A difference of 4,543.19 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.3391
2.4481
JanuMarcMayJulySeptNove

SEK 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 2.5748, compared to 3.0512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4764 points.

H1 Avg (Jan–Jun) 2.5748
H2 Avg (Jul–Dec) 3.0512

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.4734 ETB (High: 3.3649 / Low: 2.8915). On the other end, May was the most stable month, with a tight range of 0.0726 ETB (High: 2.6596 / Low: 2.5870).

October Spread (Volatile) ±0.4734
May Spread (Stable) ±0.0726

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 (October 2017: 3.1628) against the same month in 2016 (average: 2.5220), the exchange rate shifted by +0.6408 (+25.41%).

2017 Avg (October) 3.1628
2016 Avg (October) 2.5220

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5898 2.4563 2.5224
February 2.6059 2.5084 2.5440
March 2.5987 2.4991 2.5501
April 2.6119 2.5095 2.5501
May 2.6596 2.5870 2.6212
June 2.7507 2.6306 2.6610
July 2.8609 2.7292 2.7955
August 2.9659 2.8488 2.8874
September 2.9667 2.8927 2.9377
October 3.3649 2.8915 3.1628
November 3.3121 3.2332 3.2589
December 3.3440 3.2017 3.2649