YEARLY HIGH
3.0014 ETB
YEARLY LOW
2.7551 ETB
YEARLY AVERAGE
2.8724 ETB

2016 GTQ to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GTQ to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 3.0014. Conversely, the yearly low was recorded on March 20, dropping to 2.7551.

This high-to-low spread represents a total annual volatility of 0.2463 ETB. From a start-to-finish perspective, comparing the January average rate of 2.7773 to the December average rate of 2.9838, the exchange rate registered a net change of 7.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.0014 was up 7.33% compared to the 2015 peak of 2.7963, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,007 ETB
2015 Average 13,510 ETB
Yearly Trough Low 13,775 ETB
Transaction Impact: A difference of 1,231.74 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.0050
2.7511
JanuMarcMayJulySeptNove

GTQ 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 2.8009, compared to 2.9439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1431 points.

H1 Avg (Jan–Jun) 2.8009
H2 Avg (Jul–Dec) 2.9439

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0826 ETB (High: 2.8688 / Low: 2.7862). On the other end, April was the most stable month, with a tight range of 0.0154 ETB (High: 2.7967 / Low: 2.7813).

May Spread (Volatile) ±0.0826
April Spread (Stable) ±0.0154

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0101 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.9838) against the same month in 2015 (average: 2.7745), the exchange rate shifted by +0.2093 (+7.55%).

2016 Avg (December) 2.9838
2015 Avg (December) 2.7745

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7880 2.7676 2.7773
February 2.7913 2.7750 2.7824
March 2.7872 2.7551 2.7723
April 2.7967 2.7813 2.7885
May 2.8688 2.7862 2.8314
June 2.8678 2.8370 2.8533
July 2.9207 2.8620 2.8849
August 2.9382 2.9146 2.9270
September 2.9518 2.9223 2.9355
October 2.9751 2.9462 2.9599
November 2.9836 2.9595 2.9723
December 3.0014 2.9610 2.9838