YEARLY HIGH
2.9026 ETB
YEARLY LOW
2.7156 ETB
YEARLY AVERAGE
2.8131 ETB

2016 HKD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 2.9026. Conversely, the yearly low was recorded on January 19, dropping to 2.7156.

This high-to-low spread represents a total annual volatility of 0.1870 ETB. From a start-to-finish perspective, comparing the January average rate of 2.7308 to the December average rate of 2.8866, the exchange rate registered a net change of 5.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.9026 was up 6.09% compared to the 2015 peak of 2.7359, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 72,564 ETB
2015 Average 66,711 ETB
Yearly Trough Low 67,889 ETB
Transaction Impact: A difference of 4,674.84 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.9022
2.7152
JanuMarcMayJulySeptNove

HKD 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 2.7678, compared to 2.8584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0906 points.

H1 Avg (Jan–Jun) 2.7678
H2 Avg (Jul–Dec) 2.8584

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0414 ETB (High: 2.8182 / Low: 2.7768). On the other end, April was the most stable month, with a tight range of 0.0156 ETB (High: 2.7867 / Low: 2.7711).

May Spread (Volatile) ±0.0414
April Spread (Stable) ±0.0156

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.8866) against the same month in 2015 (average: 2.7237), the exchange rate shifted by +0.1629 (+5.98%).

2016 Avg (December) 2.8866
2015 Avg (December) 2.7237

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7495 2.7156 2.7308
February 2.7557 2.7216 2.7388
March 2.7741 2.7433 2.7559
April 2.7867 2.7711 2.7793
May 2.8182 2.7768 2.7930
June 2.8230 2.7999 2.8093
July 2.8428 2.8164 2.8301
August 2.8576 2.8353 2.8448
September 2.8603 2.8393 2.8498
October 2.8742 2.8498 2.8615
November 2.8900 2.8670 2.8775
December 2.9026 2.8642 2.8866