YEARLY HIGH
0.0805 AZN
YEARLY LOW
0.0679 AZN
YEARLY AVERAGE
0.0734 AZN

2016 ETB to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0805. Conversely, the yearly low was recorded on May 29, dropping to 0.0679.

This high-to-low spread represents a total annual volatility of 0.0126 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0746 to the December average rate of 0.0791, the exchange rate registered a net change of 6.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0805 was up 9.15% compared to the 2015 peak of 0.0738, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 403 AZN
2015 Average 247 AZN
Yearly Trough Low 340 AZN
Transaction Impact: A difference of 62.93 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0801
0.0682
JanuMarcMayJulySeptNove

ETB to AZN 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 0.0723, compared to 0.0746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0723
H2 Avg (Jul–Dec) 0.0746

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0060 AZN (High: 0.0780 / Low: 0.0719). On the other end, April was the most stable month, with a tight range of 0.0016 AZN (High: 0.0711 / Low: 0.0695).

March Spread (Volatile) ±0.0060
April Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0051 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.0791) against the same month in 2015 (average: 0.0559), the exchange rate shifted by +0.0233 (+41.68%).

2016 Avg (December) 0.0791
2015 Avg (December) 0.0559

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0764 0.0735 0.0746
February 0.0760 0.0730 0.0742
March 0.0780 0.0719 0.0755
April 0.0711 0.0695 0.0704
May 0.0699 0.0679 0.0692
June 0.0710 0.0683 0.0697
July 0.0725 0.0706 0.0714
August 0.0750 0.0724 0.0736
September 0.0752 0.0734 0.0744
October 0.0746 0.0720 0.0729
November 0.0780 0.0743 0.0764
December 0.0805 0.0776 0.0791