YEARLY HIGH
0.0030 ETB
YEARLY LOW
0.0024 ETB
YEARLY AVERAGE
0.0026 ETB

2016 GNF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GNF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0030. Conversely, the yearly low was recorded on December 22, dropping to 0.0024.

This high-to-low spread represents a total annual volatility of 0.0006 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0027 to the December average rate of 0.0024, the exchange rate registered a net change of -12.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0030 was up 0.95% compared to the 2015 peak of 0.0030, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15 ETB
2015 Average 14 ETB
Yearly Trough Low 12 ETB
Transaction Impact: A difference of 3.19 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0030
0.0024
JanuMarcMayJulySeptNove

GNF 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 0.0028, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0028
H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0006 ETB (High: 0.0030 / Low: 0.0024). On the other end, October was the most stable month, with a tight range of 0.0000 ETB (High: 0.0025 / Low: 0.0024).

June Spread (Volatile) ±0.0006
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and May, 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 June and July, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0028) against the same month in 2015 (average: 0.0028), the exchange rate shifted by +0.0000 (+0.72%).

2016 Avg (June) 0.0028
2015 Avg (June) 0.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0028 0.0027 0.0027
February 0.0028 0.0027 0.0028
March 0.0028 0.0028 0.0028
April 0.0029 0.0028 0.0028
May 0.0030 0.0029 0.0029
June 0.0030 0.0024 0.0028
July 0.0025 0.0024 0.0025
August 0.0025 0.0024 0.0024
September 0.0025 0.0024 0.0024
October 0.0025 0.0024 0.0024
November 0.0025 0.0024 0.0024
December 0.0025 0.0024 0.0024