YEARLY HIGH
0.1523 ETB
YEARLY LOW
0.1445 ETB
YEARLY AVERAGE
0.1494 ETB

2016 LKR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the LKR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 12, valuing the pair at 0.1523. Conversely, the yearly low was recorded on March 30, dropping to 0.1445.

This high-to-low spread represents a total annual volatility of 0.0078 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1475 to the December average rate of 0.1501, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1523 was down 2.35% compared to the 2015 peak of 0.1560, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 762 ETB
2015 Average 761 ETB
Yearly Trough Low 723 ETB
Transaction Impact: A difference of 38.87 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1521
0.1465
JanuMarcMayJulySeptNove

LKR 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 0.1479, compared to 0.1509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1479
H2 Avg (Jul–Dec) 0.1509

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0044 ETB (High: 0.1511 / Low: 0.1466). On the other end, November was the most stable month, with a tight range of 0.0010 ETB (High: 0.1509 / Low: 0.1499).

June Spread (Volatile) ±0.0044
November Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0009 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 0.1516) against the same month in 2015 (average: 0.1500), the exchange rate shifted by +0.0017 (+1.11%).

2016 Avg (September) 0.1516
2015 Avg (September) 0.1500

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1479 0.1467 0.1475
February 0.1483 0.1473 0.1479
March 0.1479 0.1445 0.1470
April 0.1490 0.1467 0.1480
May 0.1486 0.1472 0.1480
June 0.1511 0.1466 0.1491
July 0.1517 0.1495 0.1505
August 0.1521 0.1509 0.1516
September 0.1523 0.1510 0.1516
October 0.1518 0.1501 0.1510
November 0.1509 0.1499 0.1505
December 0.1509 0.1491 0.1501