2017 XDR to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 XDR to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the XDR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 38.9934. Conversely, the yearly low was recorded on January 5, dropping to 29.9666.
This high-to-low spread represents a total annual volatility of 9.0268 ETB. From a start-to-finish perspective, comparing the January average rate of 30.4916 to the December average rate of 38.7290, the exchange rate registered a net change of 27.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 38.9934 was up 25.25% compared to the 2016 peak of 31.1321, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
XDR to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 31.1142, compared to 35.3991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2849 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 5.5923 ETB (High: 38.5917 / Low: 32.9994). On the other end, June was the most stable month, with a tight range of 0.5687 ETB (High: 32.2597 / Low: 31.6910).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 38.4548) against the same month in 2016 (average: 30.4923), the exchange rate shifted by +7.9625 (+26.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 30.9246 | 29.9666 | 30.4916 |
| February | 31.1180 | 30.3880 | 30.7242 |
| March | 31.2191 | 30.3199 | 30.7893 |
| April | 31.5583 | 30.8060 | 31.1103 |
| May | 31.9818 | 31.2832 | 31.6291 |
| June | 32.2597 | 31.6910 | 31.9407 |
| July | 32.8872 | 31.9533 | 32.4140 |
| August | 33.5170 | 32.6271 | 32.9251 |
| September | 33.6369 | 33.0532 | 33.4031 |
| October | 38.5917 | 32.9994 | 36.4684 |
| November | 38.9934 | 37.9912 | 38.4548 |
| December | 38.9672 | 38.2173 | 38.7290 |