2016 ETB to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ETB to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ETB to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1071.0605. Conversely, the yearly low was recorded on June 24, dropping to 955.9225.
This high-to-low spread represents a total annual volatility of 115.1380 STD. From a start-to-finish perspective, comparing the January average rate of 1060.8703 to the December average rate of 1039.3992, the exchange rate registered a net change of -2.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 1071.0605 was down 6.09% compared to the 2015 peak of 1140.5358, 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 STD 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 1021.2297, compared to 1007.3263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.9034 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 58.9904 STD (High: 1014.9129 / Low: 955.9225). On the other end, September was the most stable month, with a tight range of 12.1915 STD (High: 996.8473 / Low: 984.6559).
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 29.8576 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 1060.8703) against the same month in 2015 (average: 1039.1333), the exchange rate shifted by +21.7370 (+2.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1071.0605 | 1054.8742 | 1060.8703 |
| February | 1061.0377 | 1027.2496 | 1038.6221 |
| March | 1056.7861 | 1003.9715 | 1030.5453 |
| April | 1008.6316 | 986.8258 | 1000.6877 |
| May | 1010.5159 | 985.2568 | 998.0748 |
| June | 1014.9129 | 955.9225 | 998.5781 |
| July | 1013.6876 | 998.0994 | 1007.9690 |
| August | 1005.8707 | 978.0722 | 990.8604 |
| September | 996.8473 | 984.6559 | 988.8704 |
| October | 1017.8087 | 977.6237 | 999.7815 |
| November | 1038.9692 | 988.5555 | 1017.0772 |
| December | 1058.0472 | 1022.6576 | 1039.3992 |