2016 KWD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 KWD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the KWD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 73.8466. Conversely, the yearly low was recorded on January 19, dropping to 69.6290.
This high-to-low spread represents a total annual volatility of 4.2176 ETB. From a start-to-finish perspective, comparing the January average rate of 69.8766 to the December average rate of 73.3028, the exchange rate registered a net change of 4.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 73.8466 was up 5.51% compared to the 2015 peak of 69.9898, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
KWD to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 71.2763, compared to 73.2240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9477 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 1.2889 ETB (High: 71.5412 / Low: 70.2523). On the other end, April was the most stable month, with a tight range of 0.4525 ETB (High: 71.6995 / Low: 71.2471).
Growth Streaks & Declines
TrendsBetween March and November, 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 0.1505 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 73.3028) against the same month in 2015 (average: 69.5403), the exchange rate shifted by +3.7625 (+5.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 70.4507 | 69.6290 | 69.8766 |
| February | 71.5412 | 70.2523 | 71.0804 |
| March | 71.2471 | 70.7483 | 71.0221 |
| April | 71.6995 | 71.2471 | 71.4519 |
| May | 72.4047 | 71.5095 | 71.9102 |
| June | 72.5616 | 71.9464 | 72.3164 |
| July | 72.9478 | 72.4229 | 72.6837 |
| August | 73.6173 | 72.8587 | 73.1701 |
| September | 73.6368 | 73.1190 | 73.3439 |
| October | 73.6484 | 73.0005 | 73.3900 |
| November | 73.8092 | 73.0525 | 73.4533 |
| December | 73.8466 | 72.6543 | 73.3028 |