2016 AZN to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |