2016 BOB to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BOB to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BOB to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 3.2538. Conversely, the yearly low was recorded on January 3, dropping to 3.0654.
This high-to-low spread represents a total annual volatility of 0.1884 ETB. From a start-to-finish perspective, comparing the January average rate of 3.0756 to the December average rate of 3.2357, the exchange rate registered a net change of 5.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 3.2538 was up 5.61% compared to the 2015 peak of 3.0810, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BOB 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 3.1235, compared to 3.2071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0836 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 0.0636 ETB (High: 3.1778 / Low: 3.1143). On the other end, August was the most stable month, with a tight range of 0.0157 ETB (High: 3.1975 / Low: 3.1817).
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 (December 2016: 3.2357) against the same month in 2015 (average: 3.0584), the exchange rate shifted by +0.1773 (+5.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.0899 | 3.0654 | 3.0756 |
| February | 3.1162 | 3.0803 | 3.0924 |
| March | 3.1534 | 3.1128 | 3.1279 |
| April | 3.1625 | 3.1175 | 3.1347 |
| May | 3.1778 | 3.1143 | 3.1442 |
| June | 3.1803 | 3.1548 | 3.1661 |
| July | 3.1937 | 3.1737 | 3.1847 |
| August | 3.1975 | 3.1817 | 3.1894 |
| September | 3.2109 | 3.1804 | 3.1958 |
| October | 3.2239 | 3.1999 | 3.2103 |
| November | 3.2434 | 3.2166 | 3.2268 |
| December | 3.2538 | 3.2221 | 3.2357 |