YEARLY HIGH
2.7337 ETB
YEARLY LOW
1.1329 ETB
YEARLY AVERAGE
2.3322 ETB

2016 EGP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the EGP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 2.7337. Conversely, the yearly low was recorded on December 20, dropping to 1.1329.

This high-to-low spread represents a total annual volatility of 1.6008 ETB. From a start-to-finish perspective, comparing the January average rate of 2.7133 to the December average rate of 1.2175, the exchange rate registered a net change of -55.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.7337 was down 3.59% compared to the 2015 peak of 2.8355, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,669 ETB
2015 Average 13,421 ETB
Yearly Trough Low 5,664 ETB
Transaction Impact: A difference of 8,004.20 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.8722
1.0671
JanuMarcMayJulySeptNove

EGP 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 2.5529, compared to 2.1114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4415 points.

H1 Avg (Jan–Jun) 2.5529
H2 Avg (Jul–Dec) 2.1114

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.2689 ETB (High: 2.5135 / Low: 1.2446). On the other end, April was the most stable month, with a tight range of 0.0134 ETB (High: 2.4344 / Low: 2.4210).

November Spread (Volatile) ±1.2689
April Spread (Stable) ±0.0134

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0000 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 2.5542) against the same month in 2015 (average: 2.6743), the exchange rate shifted by -0.1201 (-4.49%).

2016 Avg (March) 2.5542
2015 Avg (March) 2.6743

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7244 2.7045 2.7133
February 2.7304 2.7094 2.7218
March 2.7337 2.3877 2.5542
April 2.4344 2.4210 2.4282
May 2.4633 2.4281 2.4427
June 2.4851 2.4481 2.4575
July 2.4830 2.4615 2.4727
August 2.4934 2.4772 2.4857
September 2.4992 2.4818 2.4908
October 2.5125 2.4912 2.5009
November 2.5135 1.2446 1.5009
December 1.2578 1.1329 1.2175