YEARLY HIGH
32.5649 ETB
YEARLY LOW
26.9515 ETB
YEARLY AVERAGE
29.5704 ETB

2016 FKP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FKP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 32.5649. Conversely, the yearly low was recorded on October 25, dropping to 26.9515.

This high-to-low spread represents a total annual volatility of 5.6135 ETB. From a start-to-finish perspective, comparing the January average rate of 30.6038 to the December average rate of 27.9423, the exchange rate registered a net change of -8.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 32.5649 was down 0.90% compared to the 2015 peak of 32.8609, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 162,825 ETB
2015 Average 158,099 ETB
Yearly Trough Low 134,757 ETB
Transaction Impact: A difference of 28,067.26 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

31.8663
27.0094
JanuMarcMayJulySeptNove

FKP 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 30.8141, compared to 28.3268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4874 points.

H1 Avg (Jan–Jun) 30.8141
H2 Avg (Jul–Dec) 28.3268

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 3.7009 ETB (High: 32.5649 / Low: 28.8640). On the other end, May was the most stable month, with a tight range of 0.8944 ETB (High: 31.9817 / Low: 31.0873).

June Spread (Volatile) ±3.7009
May Spread (Stable) ±0.8944

Growth Streaks & Declines

Trends

Between February and May, 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 June and July, when the average rate fell by 2.1006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.1006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 30.9751) against the same month in 2015 (average: 32.1918), the exchange rate shifted by -1.2167 (-3.78%).

2016 Avg (June) 30.9751
2015 Avg (June) 32.1918

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.3189 30.0509 30.6038
February 31.0504 29.6524 30.5036
March 30.9355 29.8659 30.5066
April 31.5888 30.2693 30.8340
May 31.9817 31.0873 31.4615
June 32.5649 28.8640 30.9751
July 29.2309 28.2444 28.8745
August 29.4130 28.4190 28.8818
September 29.6178 28.6849 29.0606
October 28.7786 26.9515 27.4142
November 28.1370 27.2166 27.7870
December 28.5281 27.4193 27.9423