2016 HNL to ETB Historical Review

YEARLY HIGH

0.9777 ETB

YEARLY LOW

0.9418 ETB

YEARLY AVERAGE

0.9592 ETB

2016 HNL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 0.9777. Conversely, the yearly low was recorded on February 18, dropping to 0.9418.

This high-to-low spread represents a total annual volatility of 0.0360 ETB. From a start-to-finish perspective, comparing the January average rate of 0.9471 to the December average rate of 0.9601, the exchange rate registered a net change of 1.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.9777 was up 0.45% compared to the 2015 peak of 0.9734, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,889 ETB

2015 Average 4,768 ETB

Yearly Trough Low 4,709 ETB

Transaction Impact: A difference of 179.88 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.9738

0.9417

JanuMarcMayJulySeptNove

HNL 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 0.9523, compared to 0.9661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0139 points.

H1 Avg (Jan–Jun) 0.9523

H2 Avg (Jul–Dec) 0.9661

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0172 ETB (High: 0.9659 / Low: 0.9487). On the other end, August was the most stable month, with a tight range of 0.0059 ETB (High: 0.9682 / Low: 0.9623).

December Spread (Volatile) ±0.0172

August Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0088 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 0.9689) against the same month in 2015 (average: 0.9588), the exchange rate shifted by +0.0101 (+1.05%).

2016 Avg (November) 0.9689

2015 Avg (November) 0.9588

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9524	0.9434	0.9471
February	0.9478	0.9418	0.9444
March	0.9524	0.9436	0.9461
April	0.9587	0.9511	0.9551
May	0.9680	0.9547	0.9600
June	0.9644	0.9571	0.9609
July	0.9723	0.9582	0.9638
August	0.9682	0.9623	0.9653
September	0.9719	0.9632	0.9675
October	0.9765	0.9669	0.9711
November	0.9777	0.9630	0.9689
December	0.9659	0.9487	0.9601