2016 ETB to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ETB to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ETB to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 385.2381. Conversely, the yearly low was recorded on December 21, dropping to 358.6927.
This high-to-low spread represents a total annual volatility of 26.5453 LAK. From a start-to-finish perspective, comparing the January average rate of 383.3824 to the December average rate of 364.3002, the exchange rate registered a net change of -4.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 385.2381 was down 4.08% compared to the 2015 peak of 401.6400, 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 LAK 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 377.7758, compared to 366.1878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.5880 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was December, with a trading range of 8.1892 LAK (High: 366.8819 / Low: 358.6927). On the other end, September was the most stable month, with a tight range of 2.3084 LAK (High: 367.5798 / Low: 365.2714).
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 March and April, when the average rate fell by 3.8519 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 383.3824) against the same month in 2015 (average: 400.7392), the exchange rate shifted by -17.3568 (-4.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 385.2381 | 380.5663 | 383.3824 |
| February | 384.6512 | 377.9390 | 381.1041 |
| March | 383.3674 | 377.7411 | 380.0365 |
| April | 377.6234 | 373.4063 | 376.1846 |
| May | 378.4337 | 370.7632 | 374.3070 |
| June | 373.1926 | 369.5909 | 371.6399 |
| July | 371.0712 | 365.6731 | 368.3929 |
| August | 368.3581 | 365.5037 | 366.7037 |
| September | 367.5798 | 365.2714 | 366.2344 |
| October | 367.1700 | 364.4516 | 365.8360 |
| November | 366.7214 | 364.2193 | 365.6596 |
| December | 366.8819 | 358.6927 | 364.3002 |