YEARLY HIGH
0.0188 ETB
YEARLY LOW
0.0161 ETB
YEARLY AVERAGE
0.0177 ETB

2016 MMK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 0.0188. Conversely, the yearly low was recorded on December 20, dropping to 0.0161.

This high-to-low spread represents a total annual volatility of 0.0026 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0163 to the December average rate of 0.0166, 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 0.0188 was down 5.88% compared to the 2015 peak of 0.0199, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94 ETB
2015 Average 94 ETB
Yearly Trough Low 81 ETB
Transaction Impact: A difference of 13.23 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0189
0.0161
JanuMarcMayJulySeptNove

MMK 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 0.0177, compared to 0.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0177
H2 Avg (Jul–Dec) 0.0177

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0009 ETB (High: 0.0174 / Low: 0.0164). On the other end, May was the most stable month, with a tight range of 0.0003 ETB (High: 0.0186 / Low: 0.0183).

February Spread (Volatile) ±0.0009
May Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0186) against the same month in 2015 (average: 0.0189), the exchange rate shifted by -0.0003 (-1.61%).

2016 Avg (July) 0.0186
2015 Avg (July) 0.0189

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0165 0.0162 0.0163
February 0.0174 0.0164 0.0171
March 0.0178 0.0172 0.0176
April 0.0186 0.0177 0.0182
May 0.0186 0.0183 0.0185
June 0.0186 0.0182 0.0184
July 0.0188 0.0185 0.0186
August 0.0187 0.0182 0.0185
September 0.0184 0.0176 0.0180
October 0.0178 0.0172 0.0174
November 0.0175 0.0170 0.0172
December 0.0170 0.0161 0.0166