YEARLY HIGH
0.0687 CAD
YEARLY LOW
0.0580 CAD
YEARLY AVERAGE
0.0607 CAD

2016 ETB to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0687. Conversely, the yearly low was recorded on April 30, dropping to 0.0580.

This high-to-low spread represents a total annual volatility of 0.0106 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0668 to the December average rate of 0.0596, the exchange rate registered a net change of -10.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0687 was up 3.96% compared to the 2015 peak of 0.0660, 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 343 CAD
2015 Average 309 CAD
Yearly Trough Low 290 CAD
Transaction Impact: A difference of 53.06 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0676
0.0581
JanuMarcMayJulySeptNove

ETB to CAD 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 0.0619, compared to 0.0595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0619
H2 Avg (Jul–Dec) 0.0595

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0034 CAD (High: 0.0687 / Low: 0.0653). On the other end, November was the most stable month, with a tight range of 0.0010 CAD (High: 0.0607 / Low: 0.0597).

January Spread (Volatile) ±0.0034
November Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between August and November, 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 February and March, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0668) against the same month in 2015 (average: 0.0597), the exchange rate shifted by +0.0071 (+11.86%).

2016 Avg (January) 0.0668
2015 Avg (January) 0.0597

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0687 0.0653 0.0668
February 0.0658 0.0631 0.0647
March 0.0630 0.0604 0.0618
April 0.0610 0.0580 0.0595
May 0.0604 0.0581 0.0597
June 0.0602 0.0585 0.0591
July 0.0599 0.0589 0.0594
August 0.0597 0.0581 0.0589
September 0.0598 0.0583 0.0592
October 0.0605 0.0590 0.0597
November 0.0607 0.0597 0.0603
December 0.0607 0.0585 0.0596