YEARLY HIGH
1419.8555 IRR
YEARLY LOW
1335.8801 IRR
YEARLY AVERAGE
1381.0086 IRR

2016 ETB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 1419.8555. Conversely, the yearly low was recorded on December 28, dropping to 1335.8801.

This high-to-low spread represents a total annual volatility of 83.9754 IRR. From a start-to-finish perspective, comparing the January average rate of 1412.1204 to the December average rate of 1342.9071, the exchange rate registered a net change of -4.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1419.8555 was down 1.22% compared to the 2015 peak of 1437.4493, 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 7,099,278 IRR
2015 Average 6,996,912 IRR
Yearly Trough Low 6,679,401 IRR
Transaction Impact: A difference of 419,877.06 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1422.7818
1335.6458
JanuMarcMayJulySeptNove

ETB to IRR 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 1405.0476, compared to 1356.9695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 48.0781 points.

H1 Avg (Jan–Jun) 1405.0476
H2 Avg (Jul–Dec) 1356.9695

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 27.8644 IRR (High: 1391.8573 / Low: 1363.9930). On the other end, April was the most stable month, with a tight range of 7.1393 IRR (High: 1406.3580 / Low: 1399.2187).

July Spread (Volatile) ±27.8644
April Spread (Stable) ±7.1393

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 17.7432 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -17.7432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 1415.5205) against the same month in 2015 (average: 1357.3299), the exchange rate shifted by +58.1905 (+4.29%).

2016 Avg (February) 1415.5205
2015 Avg (February) 1357.3299

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1417.0362 1401.4403 1412.1204
February 1419.8555 1405.9062 1415.5205
March 1417.8130 1405.7284 1413.1936
April 1406.3580 1399.2187 1402.6644
May 1403.8113 1384.5751 1396.0773
June 1396.6851 1375.6269 1390.7097
July 1391.8573 1363.9930 1372.9665
August 1367.3593 1356.3683 1362.8743
September 1365.9354 1355.5549 1360.6735
October 1359.9110 1348.6984 1354.7497
November 1352.8979 1341.9660 1347.6462
December 1352.1198 1335.8801 1342.9071