YEARLY HIGH
0.0736 NZD
YEARLY LOW
0.0607 NZD
YEARLY AVERAGE
0.0658 NZD

2016 ETB to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0736. Conversely, the yearly low was recorded on September 7, dropping to 0.0607.

This high-to-low spread represents a total annual volatility of 0.0129 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0719 to the December average rate of 0.0636, the exchange rate registered a net change of -11.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0736 was down 3.73% compared to the 2015 peak of 0.0765, 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 368 NZD
2015 Average 347 NZD
Yearly Trough Low 304 NZD
Transaction Impact: A difference of 64.67 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0729
0.0609
JanuMarcMayJulySeptNove

ETB to NZD 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 0.0687, compared to 0.0630 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0687
H2 Avg (Jul–Dec) 0.0630

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0048 NZD (High: 0.0736 / Low: 0.0688). On the other end, August was the most stable month, with a tight range of 0.0017 NZD (High: 0.0636 / Low: 0.0619).

January Spread (Volatile) ±0.0048
August Spread (Stable) ±0.0017

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 May and June, when the average rate fell by 0.0028 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0719) against the same month in 2015 (average: 0.0647), the exchange rate shifted by +0.0072 (+11.13%).

2016 Avg (January) 0.0719
2015 Avg (January) 0.0647

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0736 0.0688 0.0719
February 0.0719 0.0697 0.0707
March 0.0709 0.0672 0.0693
April 0.0685 0.0659 0.0673
May 0.0686 0.0660 0.0679
June 0.0675 0.0634 0.0651
July 0.0652 0.0624 0.0638
August 0.0636 0.0619 0.0627
September 0.0626 0.0607 0.0619
October 0.0639 0.0618 0.0629
November 0.0640 0.0609 0.0627
December 0.0649 0.0618 0.0636