YEARLY HIGH
10.9651 ETB
YEARLY LOW
9.7491 ETB
YEARLY AVERAGE
10.4727 ETB

2016 FJD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FJD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 10.9651. Conversely, the yearly low was recorded on January 18, dropping to 9.7491.

This high-to-low spread represents a total annual volatility of 1.2160 ETB. From a start-to-finish perspective, comparing the January average rate of 9.8651 to the December average rate of 10.6483, the exchange rate registered a net change of 7.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 10.9651 was up 7.23% compared to the 2015 peak of 10.2259, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FJD based on timing:

Yearly Peak High 54,825 ETB
2015 Average 49,517 ETB
Yearly Trough Low 48,745 ETB
Transaction Impact: A difference of 6,080.04 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

10.8772
9.7731
JanuMarcMayJulySeptNove

FJD to ETB 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 10.2148, compared to 10.7305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5157 points.

H1 Avg (Jan–Jun) 10.2148
H2 Avg (Jul–Dec) 10.7305

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.3855 ETB (High: 10.4126 / Low: 10.0271). On the other end, September was the most stable month, with a tight range of 0.1291 ETB (High: 10.8381 / Low: 10.7090).

March Spread (Volatile) ±0.3855
September Spread (Stable) ±0.1291

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1136 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 10.7619) against the same month in 2015 (average: 9.7974), the exchange rate shifted by +0.9645 (+9.84%).

2016 Avg (November) 10.7619
2015 Avg (November) 9.7974

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.0069 9.7491 9.8651
February 10.0931 9.8636 9.9860
March 10.4126 10.0271 10.2119
April 10.5452 10.3230 10.4241
May 10.4857 10.2430 10.3187
June 10.6086 10.3005 10.4830
July 10.7265 10.5430 10.6422
August 10.8291 10.6619 10.7606
September 10.8381 10.7090 10.7852
October 10.8847 10.7034 10.7849
November 10.9651 10.5877 10.7619
December 10.8172 10.4778 10.6483