YEARLY HIGH
0.0075 ETB
YEARLY LOW
0.0066 ETB
YEARLY AVERAGE
0.0069 ETB

2016 MGA to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MGA to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.0075. Conversely, the yearly low was recorded on January 3, dropping to 0.0066.

This high-to-low spread represents a total annual volatility of 0.0009 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0066 to the December average rate of 0.0067, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0075 was down 4.62% compared to the 2015 peak of 0.0079, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38 ETB
2015 Average 33 ETB
Yearly Trough Low 33 ETB
Transaction Impact: A difference of 4.65 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0074
0.0065
JanuMarcMayJulySeptNove

MGA 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 0.0067, compared to 0.0070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0067
H2 Avg (Jul–Dec) 0.0070

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0007 ETB (High: 0.0075 / Low: 0.0068). On the other end, January was the most stable month, with a tight range of 0.0001 ETB (High: 0.0066 / Low: 0.0066).

July Spread (Volatile) ±0.0007
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0071) against the same month in 2015 (average: 0.0063), the exchange rate shifted by +0.0008 (+13.01%).

2016 Avg (July) 0.0071
2015 Avg (July) 0.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0066 0.0066 0.0066
February 0.0068 0.0066 0.0067
March 0.0067 0.0066 0.0067
April 0.0068 0.0067 0.0068
May 0.0069 0.0067 0.0068
June 0.0067 0.0066 0.0067
July 0.0075 0.0068 0.0071
August 0.0075 0.0072 0.0073
September 0.0073 0.0071 0.0072
October 0.0071 0.0069 0.0070
November 0.0071 0.0067 0.0069
December 0.0068 0.0066 0.0067