YEARLY HIGH
0.1095 ETB
YEARLY LOW
0.0450 ETB
YEARLY AVERAGE
0.0844 ETB

2017 SYP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SYP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.1095. Conversely, the yearly low was recorded on August 26, dropping to 0.0450.

This high-to-low spread represents a total annual volatility of 0.0644 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1054 to the December average rate of 0.0531, the exchange rate registered a net change of -49.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1095 was up 3.70% compared to the 2016 peak of 0.1056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 547 ETB
2016 Average 503 ETB
Yearly Trough Low 225 ETB
Transaction Impact: A difference of 322.20 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1146
0.0394
JanuMarcMayJulySeptNove

SYP 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 0.1065, compared to 0.0624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0441 points.

H1 Avg (Jan–Jun) 0.1065
H2 Avg (Jul–Dec) 0.0624

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0644 ETB (High: 0.1095 / Low: 0.0450). On the other end, September was the most stable month, with a tight range of 0.0007 ETB (High: 0.0460 / Low: 0.0453).

August Spread (Volatile) ±0.0644
September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and July, 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 July and August, when the average rate fell by 0.0446 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0638) against the same month in 2016 (average: 0.1027), the exchange rate shifted by -0.0389 (-37.88%).

2017 Avg (August) 0.0638
2016 Avg (August) 0.1027

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1061 0.1045 0.1054
February 0.1067 0.1045 0.1058
March 0.1071 0.1050 0.1061
April 0.1074 0.1059 0.1067
May 0.1081 0.1065 0.1073
June 0.1087 0.1070 0.1077
July 0.1093 0.1069 0.1083
August 0.1095 0.0450 0.0638
September 0.0460 0.0453 0.0456
October 0.0531 0.0456 0.0502
November 0.0533 0.0526 0.0530
December 0.0535 0.0526 0.0531