2016 ETB to GNF Historical Review

YEARLY HIGH

423.6629 GNF

YEARLY LOW

333.5958 GNF

YEARLY AVERAGE

382.6130 GNF

2016 ETB to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 423.6629. Conversely, the yearly low was recorded on June 5, dropping to 333.5958.

This high-to-low spread represents a total annual volatility of 90.0671 GNF. From a start-to-finish perspective, comparing the January average rate of 364.1070 to the December average rate of 414.3290, the exchange rate registered a net change of 13.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 423.6629 was up 11.95% compared to the 2015 peak of 378.4302, 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 2,118,315 GNF

2015 Average 1,776,452 GNF

Yearly Trough Low 1,667,979 GNF

Transaction Impact: A difference of 450,335.75 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

421.6429

333.8761

JanuMarcMayJulySeptNove

ETB to GNF 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 355.0488, compared to 410.1771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 55.1283 points.

H1 Avg (Jan–Jun) 355.0488

H2 Avg (Jul–Dec) 410.1771

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 78.6071 GNF (High: 412.2029 / Low: 333.5958). On the other end, October was the most stable month, with a tight range of 4.5325 GNF (High: 411.3793 / Low: 406.8468).

June Spread (Volatile) ±78.6071

October Spread (Stable) ±4.5325

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 April and May, when the average rate fell by 10.5999 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -10.5999

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 414.3290) against the same month in 2015 (average: 365.7677), the exchange rate shifted by +48.5613 (+13.28%).

2016 Avg (December) 414.3290

2015 Avg (December) 365.7677

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	367.9734	361.5513	364.1070
February	365.8739	356.8404	361.1992
March	358.2894	352.1037	356.0803
April	353.2918	348.6100	351.7899
May	350.4543	335.8113	341.1900
June	412.2029	333.5958	355.9265
July	411.8358	400.2088	407.6897
August	415.7023	404.8372	409.9471
September	414.2606	407.4474	411.0408
October	411.3793	406.8468	409.2625
November	411.3660	403.7392	408.7936
December	423.6629	407.7943	414.3290