2016 ETB to INR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ETB to INR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ETB to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 3.2280. Conversely, the yearly low was recorded on November 8, dropping to 2.9803.
This high-to-low spread represents a total annual volatility of 0.2477 INR. From a start-to-finish perspective, comparing the January average rate of 3.1668 to the December average rate of 3.0280, the exchange rate registered a net change of -4.38% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 3.2280 was up 0.71% compared to the 2015 peak of 3.2053, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
ETB to INR 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 3.1253, compared to 3.0298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0955 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 0.0992 INR (High: 3.0795 / Low: 2.9803). On the other end, August was the most stable month, with a tight range of 0.0160 INR (High: 3.0412 / Low: 3.0252).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0735 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 3.2021) against the same month in 2015 (average: 3.0533), the exchange rate shifted by +0.1488 (+4.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.2049 | 3.1197 | 3.1668 |
| February | 3.2280 | 3.1758 | 3.2021 |
| March | 3.1711 | 3.0813 | 3.1286 |
| April | 3.0949 | 3.0671 | 3.0831 |
| May | 3.1030 | 3.0632 | 3.0869 |
| June | 3.1282 | 3.0599 | 3.0841 |
| July | 3.0814 | 3.0300 | 3.0588 |
| August | 3.0412 | 3.0252 | 3.0339 |
| September | 3.0409 | 3.0012 | 3.0200 |
| October | 3.0187 | 2.9969 | 3.0059 |
| November | 3.0795 | 2.9803 | 3.0320 |
| December | 3.0665 | 2.9957 | 3.0280 |