2016 CAD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CAD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CAD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 17.2272. Conversely, the yearly low was recorded on January 19, dropping to 14.5645.
This high-to-low spread represents a total annual volatility of 2.6627 ETB. From a start-to-finish perspective, comparing the January average rate of 14.9786 to the December average rate of 16.7750, the exchange rate registered a net change of 11.99% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 17.2272 was down 1.15% compared to the 2015 peak of 17.4268, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
CAD 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 16.1823, compared to 16.8043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6220 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was April, with a trading range of 0.8456 ETB (High: 17.2272 / Low: 16.3816). On the other end, November was the most stable month, with a tight range of 0.2688 ETB (High: 16.7368 / Low: 16.4681).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1675 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2016: 16.8034) against the same month in 2015 (average: 16.5610), the exchange rate shifted by +0.2423 (+1.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.3250 | 14.5645 | 14.9786 |
| February | 15.8407 | 15.1908 | 15.4602 |
| March | 16.5498 | 15.8853 | 16.1815 |
| April | 17.2272 | 16.3816 | 16.8034 |
| May | 17.2090 | 16.5661 | 16.7553 |
| June | 17.1031 | 16.6109 | 16.9146 |
| July | 16.9910 | 16.6897 | 16.8487 |
| August | 17.2206 | 16.7451 | 16.9749 |
| September | 17.1534 | 16.7102 | 16.8851 |
| October | 16.9432 | 16.5423 | 16.7548 |
| November | 16.7368 | 16.4681 | 16.5873 |
| December | 17.0914 | 16.4856 | 16.7750 |