2016 ETB to ZAR Historical Review

YEARLY HIGH

0.7925 ZAR

YEARLY LOW

0.5958 ZAR

YEARLY AVERAGE

0.6743 ZAR

2016 ETB to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.7925. Conversely, the yearly low was recorded on November 8, dropping to 0.5958.

This high-to-low spread represents a total annual volatility of 0.1967 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.7664 to the December average rate of 0.6191, the exchange rate registered a net change of -19.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7925 was up 5.32% compared to the 2015 peak of 0.7525, 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 3,963 ZAR

2015 Average 3,085 ZAR

Yearly Trough Low 2,979 ZAR

Transaction Impact: A difference of 983.46 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7812

0.6043

JanuMarcMayJulySeptNove

ETB to ZAR 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 0.7168, compared to 0.6317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0851 points.

H1 Avg (Jan–Jun) 0.7168

H2 Avg (Jul–Dec) 0.6317

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0674 ZAR (High: 0.7259 / Low: 0.6585). On the other end, December was the most stable month, with a tight range of 0.0265 ZAR (High: 0.6319 / Low: 0.6055).

May Spread (Volatile) ±0.0674

December Spread (Stable) ±0.0265

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 March and April, when the average rate fell by 0.0403 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.7664) against the same month in 2015 (average: 0.5710), the exchange rate shifted by +0.1954 (+34.22%).

2016 Avg (January) 0.7664

2015 Avg (January) 0.5710

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7925	0.7297	0.7664
February	0.7579	0.7138	0.7413
March	0.7410	0.6871	0.7181
April	0.7075	0.6581	0.6778
May	0.7259	0.6585	0.7058
June	0.7179	0.6613	0.6915
July	0.6743	0.6309	0.6559
August	0.6642	0.6042	0.6242
September	0.6611	0.6112	0.6372
October	0.6446	0.6104	0.6275
November	0.6465	0.5958	0.6265
December	0.6319	0.6055	0.6191