YEARLY HIGH
3.1226 ETB
YEARLY LOW
2.5622 ETB
YEARLY AVERAGE
2.7897 ETB

2017 TJS to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TJS to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 3.1226. Conversely, the yearly low was recorded on April 17, dropping to 2.5622.

This high-to-low spread represents a total annual volatility of 0.5605 ETB. From a start-to-finish perspective, comparing the January average rate of 2.8557 to the December average rate of 3.1024, the exchange rate registered a net change of 8.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.1226 was up 2.87% compared to the 2016 peak of 3.0355, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,613 ETB
2016 Average 13,951 ETB
Yearly Trough Low 12,811 ETB
Transaction Impact: A difference of 2,802.35 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.1504
2.5742
JanuMarcMayJulySeptNove

TJS 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 2.7289, compared to 2.8504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1215 points.

H1 Avg (Jan–Jun) 2.7289
H2 Avg (Jul–Dec) 2.8504

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.4373 ETB (High: 3.1055 / Low: 2.6682). On the other end, November was the most stable month, with a tight range of 0.0305 ETB (High: 3.1098 / Low: 3.0792).

October Spread (Volatile) ±0.4373
November Spread (Stable) ±0.0305

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1523 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.1523

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 3.1024) against the same month in 2016 (average: 2.8439), the exchange rate shifted by +0.2585 (+9.09%).

2017 Avg (December) 3.1024
2016 Avg (December) 2.8439

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8774 2.8359 2.8557
February 2.8805 2.7872 2.8412
March 2.8382 2.7263 2.7910
April 2.7350 2.5622 2.6386
May 2.7160 2.5960 2.6223
June 2.6439 2.6073 2.6247
July 2.6686 2.6352 2.6434
August 2.6776 2.6313 2.6511
September 2.6882 2.6439 2.6670
October 3.1055 2.6682 2.9392
November 3.1098 3.0792 3.0994
December 3.1226 3.0766 3.1024