YEARLY HIGH
0.0816 ETB
YEARLY LOW
0.0726 ETB
YEARLY AVERAGE
0.0776 ETB

2016 HUF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HUF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.0816. Conversely, the yearly low was recorded on January 6, dropping to 0.0726.

This high-to-low spread represents a total annual volatility of 0.0090 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0734 to the December average rate of 0.0756, the exchange rate registered a net change of 2.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0816 was up 5.34% compared to the 2015 peak of 0.0775, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 81,595 ETB
2015 Average 74,092 ETB
Yearly Trough Low 72,618 ETB
Transaction Impact: A difference of 8,976.46 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0810
0.0728
JanuMarcMayJulySeptNove

HUF 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 0.0768, compared to 0.0785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0768
H2 Avg (Jul–Dec) 0.0785

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0051 ETB (High: 0.0811 / Low: 0.0760). On the other end, April was the most stable month, with a tight range of 0.0013 ETB (High: 0.0793 / Low: 0.0780).

November Spread (Volatile) ±0.0051
April Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.0798) against the same month in 2015 (average: 0.0756), the exchange rate shifted by +0.0042 (+5.51%).

2016 Avg (October) 0.0798
2015 Avg (October) 0.0756

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0745 0.0726 0.0734
February 0.0774 0.0746 0.0763
March 0.0779 0.0748 0.0766
April 0.0793 0.0780 0.0784
May 0.0798 0.0770 0.0779
June 0.0797 0.0757 0.0781
July 0.0791 0.0766 0.0773
August 0.0806 0.0786 0.0797
September 0.0814 0.0795 0.0803
October 0.0816 0.0780 0.0798
November 0.0811 0.0760 0.0780
December 0.0767 0.0743 0.0756