2016 LVL to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 LVL to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the LVL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 35.5918. Conversely, the yearly low was recorded on December 20, dropping to 32.9761.
This high-to-low spread represents a total annual volatility of 2.6157 ETB. From a start-to-finish perspective, comparing the January average rate of 33.3262 to the December average rate of 33.5800, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 35.5918 was up 2.17% compared to the 2015 peak of 34.8365, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LVL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
LVL 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 34.3178, compared to 34.7892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4714 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 1.9149 ETB (High: 35.5269 / Low: 33.6120). On the other end, September was the most stable month, with a tight range of 0.3292 ETB (High: 35.5343 / Low: 35.2052).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.9308 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 35.2983) against the same month in 2015 (average: 33.1647), the exchange rate shifted by +2.1336 (+6.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.6197 | 33.0556 | 33.3262 |
| February | 34.2393 | 33.3775 | 33.8980 |
| March | 34.6884 | 33.4867 | 34.0592 |
| April | 35.0455 | 34.5719 | 34.7643 |
| May | 35.1662 | 34.6541 | 34.8958 |
| June | 35.2690 | 34.5306 | 34.9633 |
| July | 35.1838 | 34.3890 | 34.8129 |
| August | 35.5918 | 34.9690 | 35.2983 |
| September | 35.5343 | 35.2052 | 35.3719 |
| October | 35.5663 | 34.7254 | 35.1614 |
| November | 35.5269 | 33.6120 | 34.5108 |
| December | 34.1859 | 32.9761 | 33.5800 |