YEARLY HIGH
1.4744 ETB
YEARLY LOW
1.3820 ETB
YEARLY AVERAGE
1.4304 ETB

2016 MVR to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MVR to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.4744. Conversely, the yearly low was recorded on January 1, dropping to 1.3820.

This high-to-low spread represents a total annual volatility of 0.0924 ETB. From a start-to-finish perspective, comparing the January average rate of 1.3879 to the December average rate of 1.4620, the exchange rate registered a net change of 5.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.4744 was up 6.26% compared to the 2015 peak of 1.3875, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,372 ETB
2015 Average 6,765 ETB
Yearly Trough Low 6,910 ETB
Transaction Impact: A difference of 462.00 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.4694
1.3805
JanuMarcMayJulySeptNove

MVR 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 1.4069, compared to 1.4540 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0471 points.

H1 Avg (Jan–Jun) 1.4069
H2 Avg (Jul–Dec) 1.4540

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0365 ETB (High: 1.4564 / Low: 1.4199). On the other end, September was the most stable month, with a tight range of 0.0105 ETB (High: 1.4525 / Low: 1.4419).

June Spread (Volatile) ±0.0365
September Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0045 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.4620) against the same month in 2015 (average: 1.3781), the exchange rate shifted by +0.0839 (+6.09%).

2016 Avg (December) 1.4620
2015 Avg (December) 1.3781

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4007 1.3820 1.3879
February 1.4085 1.3827 1.3935
March 1.4146 1.3947 1.4013
April 1.4290 1.4033 1.4132
May 1.4330 1.4047 1.4182
June 1.4564 1.4199 1.4274
July 1.4527 1.4363 1.4457
August 1.4627 1.4474 1.4530
September 1.4525 1.4419 1.4485
October 1.4606 1.4489 1.4541
November 1.4711 1.4532 1.4606
December 1.4744 1.4452 1.4620