2016 ETB to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ETB to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ETB to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 21.5528. Conversely, the yearly low was recorded on July 19, dropping to 19.6667.
This high-to-low spread represents a total annual volatility of 1.8861 KMF. From a start-to-finish perspective, comparing the January average rate of 21.2585 to the December average rate of 20.8523, the exchange rate registered a net change of -1.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 21.5528 was down 6.23% compared to the 2015 peak of 22.9839, 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 KMF 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 20.4596, compared to 20.1810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2786 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 1.0074 KMF (High: 20.8339 / Low: 19.8265). On the other end, September was the most stable month, with a tight range of 0.3238 KMF (High: 20.1026 / Low: 19.7788).
Growth Streaks & Declines
TrendsBetween September and December, 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 March and April, when the average rate fell by 0.5532 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 21.2585) against the same month in 2015 (average: 20.8953), the exchange rate shifted by +0.3632 (+1.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.5528 | 20.8502 | 21.2585 |
| February | 21.2123 | 20.4548 | 20.8008 |
| March | 21.1850 | 20.3184 | 20.6876 |
| April | 20.3367 | 19.9982 | 20.1344 |
| May | 20.2438 | 19.8291 | 19.9923 |
| June | 20.1549 | 19.7240 | 19.8842 |
| July | 20.3420 | 19.6667 | 19.9339 |
| August | 20.2839 | 19.8612 | 20.1089 |
| September | 20.1026 | 19.7788 | 19.8797 |
| October | 20.1998 | 19.7741 | 19.9644 |
| November | 20.8339 | 19.8265 | 20.3467 |
| December | 21.3267 | 20.5417 | 20.8523 |