2017 SHP to ETB Historical Review

YEARLY HIGH

37.0381 ETB

YEARLY LOW

27.1670 ETB

YEARLY AVERAGE

30.9232 ETB

2017 SHP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SHP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 37.0381. Conversely, the yearly low was recorded on January 16, dropping to 27.1670.

This high-to-low spread represents a total annual volatility of 9.8711 ETB. From a start-to-finish perspective, comparing the January average rate of 27.8619 to the December average rate of 36.6743, the exchange rate registered a net change of 31.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 37.0381 was up 13.74% compared to the 2016 peak of 32.5649, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 185,190 ETB

2016 Average 147,822 ETB

Yearly Trough Low 135,835 ETB

Transaction Impact: A difference of 49,355.38 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

37.5555

26.9807

JanuMarcMayJulySeptNove

SHP 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 28.7296, compared to 33.1167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3871 points.

H1 Avg (Jan–Jun) 28.7296

H2 Avg (Jul–Dec) 33.1167

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 5.5453 ETB (High: 36.2169 / Low: 30.6716). On the other end, May was the most stable month, with a tight range of 0.5709 ETB (High: 29.9572 / Low: 29.3864).

October Spread (Volatile) ±5.5453

May Spread (Stable) ±0.5709

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2319 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 36.1081) against the same month in 2016 (average: 27.7870), the exchange rate shifted by +8.3211 (+29.95%).

2017 Avg (November) 36.1081

2016 Avg (November) 27.7870

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.6174	27.1670	27.8619
February	28.7387	27.9979	28.2879
March	28.5977	27.4215	28.0560
April	29.7739	28.1662	28.8944
May	29.9572	29.3864	29.7205
June	30.2046	29.2177	29.5570
July	30.5435	29.6987	30.2222
August	30.9541	29.7181	30.2299
September	31.9115	30.1364	31.3083
October	36.2169	30.6716	34.1574
November	37.0381	35.5159	36.1081
December	36.9799	36.2674	36.6743