YEARLY HIGH
14.7240 ETB
YEARLY LOW
12.4220 ETB
YEARLY AVERAGE
13.6373 ETB

2016 AZN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AZN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 14.7240. Conversely, the yearly low was recorded on December 29, dropping to 12.4220.

This high-to-low spread represents a total annual volatility of 2.3020 ETB. From a start-to-finish perspective, comparing the January average rate of 13.4136 to the December average rate of 12.6390, the exchange rate registered a net change of -5.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 14.7240 was down 43.36% compared to the 2015 peak of 25.9938, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73,620 ETB
2015 Average 102,622 ETB
Yearly Trough Low 62,110 ETB
Transaction Impact: A difference of 11,510.20 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

14.6340
12.4577
JanuMarcMayJulySeptNove

AZN 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 13.8600, compared to 13.4146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4453 points.

H1 Avg (Jan–Jun) 13.8600
H2 Avg (Jul–Dec) 13.4146

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 1.0736 ETB (High: 13.9015 / Low: 12.8278). On the other end, September was the most stable month, with a tight range of 0.3198 ETB (High: 13.6225 / Low: 13.3028).

March Spread (Volatile) ±1.0736
September Spread (Stable) ±0.3198

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6353 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 14.4526) against the same month in 2015 (average: 19.5839), the exchange rate shifted by -5.1313 (-26.20%).

2016 Avg (May) 14.4526
2015 Avg (May) 19.5839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.6018 13.0945 13.4136
February 13.7010 13.1498 13.4831
March 13.9015 12.8278 13.2509
April 14.3941 14.0738 14.2136
May 14.7240 14.3048 14.4526
June 14.6469 14.0869 14.3460
July 14.1720 13.8012 14.0140
August 13.8121 13.3280 13.5834
September 13.6225 13.3028 13.4471
October 13.8841 13.4120 13.7198
November 13.4607 12.8167 13.0845
December 12.8815 12.4220 12.6390