YEARLY HIGH
0.0041 ETB
YEARLY LOW
0.0030 ETB
YEARLY AVERAGE
0.0032 ETB

2017 SLL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SLL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0041. Conversely, the yearly low was recorded on March 11, dropping to 0.0030.

This high-to-low spread represents a total annual volatility of 0.0011 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0033 to the December average rate of 0.0036, the exchange rate registered a net change of 7.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0041 was down 25.75% compared to the 2016 peak of 0.0055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21 ETB
2016 Average 23 ETB
Yearly Trough Low 15 ETB
Transaction Impact: A difference of 5.57 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0036
0.0030
JanuMarcMayJulySeptNove

SLL 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 0.0031, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0031
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0011 ETB (High: 0.0041 / Low: 0.0030). On the other end, April was the most stable month, with a tight range of 0.0000 ETB (High: 0.0031 / Low: 0.0030).

January Spread (Volatile) ±0.0011
April Spread (Stable) ±0.0000

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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0033) against the same month in 2016 (average: 0.0051), the exchange rate shifted by -0.0018 (-35.05%).

2017 Avg (January) 0.0033
2016 Avg (January) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0041 0.0030 0.0033
February 0.0031 0.0030 0.0031
March 0.0032 0.0030 0.0031
April 0.0031 0.0030 0.0031
May 0.0031 0.0030 0.0031
June 0.0031 0.0030 0.0031
July 0.0031 0.0030 0.0031
August 0.0031 0.0031 0.0031
September 0.0031 0.0031 0.0031
October 0.0036 0.0031 0.0034
November 0.0036 0.0035 0.0036
December 0.0036 0.0035 0.0036