2017 ZMK to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ZMK to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ZMK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 27.5500. Conversely, the yearly low was recorded on January 5, dropping to 0.0042.
This high-to-low spread represents a total annual volatility of 27.5458 ETB. From a start-to-finish perspective, comparing the January average rate of 5.0899 to the December average rate of 27.3579, the exchange rate registered a net change of 437.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 27.5500 was up 642624.38% compared to the 2016 peak of 0.0043, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ZMK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ZMK 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 9.0790, compared to 25.1023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.0233 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 23.1140 ETB (High: 23.1184 / Low: 0.0044). On the other end, April was the most stable month, with a tight range of 0.0001 ETB (High: 0.0044 / Low: 0.0043).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 12.9247 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 27.3579) against the same month in 2016 (average: 0.0043), the exchange rate shifted by +27.3537 (+641511.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.7500 | 0.0042 | 5.0899 |
| February | 22.8049 | 0.0043 | 12.9290 |
| March | 0.0044 | 0.0043 | 0.0043 |
| April | 0.0044 | 0.0043 | 0.0044 |
| May | 23.1184 | 0.0044 | 13.3512 |
| June | 23.3000 | 22.9290 | 23.0953 |
| July | 23.4347 | 22.9066 | 23.2309 |
| August | 23.5550 | 23.1866 | 23.3318 |
| September | 23.6785 | 23.3200 | 23.5088 |
| October | 27.3500 | 23.4623 | 25.8758 |
| November | 27.4702 | 27.0693 | 27.3085 |
| December | 27.5500 | 27.0956 | 27.3579 |