2017 ETB to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ETB to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ETB to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 70.5030. Conversely, the yearly low was recorded on January 5, dropping to 51.6148.
This high-to-low spread represents a total annual volatility of 18.8882 CDF. From a start-to-finish perspective, comparing the January average rate of 53.8013 to the December average rate of 57.6766, the exchange rate registered a net change of 7.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 70.5030 was up 32.10% compared to the 2016 peak of 53.3691, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ETB to CDF 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 58.8532, compared to 62.9373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0840 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 9.6367 CDF (High: 66.9289 / Low: 57.2922). On the other end, September was the most stable month, with a tight range of 1.1006 CDF (High: 67.0189 / Low: 65.9182).
Growth Streaks & Declines
TrendsBetween January and August, 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 September and October, when the average rate fell by 5.4951 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 68.2555) against the same month in 2016 (average: 44.2676), the exchange rate shifted by +23.9879 (+54.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 56.0142 | 51.6148 | 53.8013 |
| February | 57.5000 | 54.7471 | 56.1429 |
| March | 59.4776 | 57.2294 | 58.5044 |
| April | 61.3891 | 59.3308 | 60.2443 |
| May | 62.2784 | 60.6257 | 61.4796 |
| June | 64.6806 | 61.5757 | 62.9469 |
| July | 70.3858 | 64.0924 | 66.9311 |
| August | 70.5030 | 65.7610 | 68.2555 |
| September | 67.0189 | 65.9182 | 66.3591 |
| October | 66.9289 | 57.2922 | 60.8641 |
| November | 58.0340 | 56.8938 | 57.5372 |
| December | 58.9027 | 57.0578 | 57.6766 |