YEARLY HIGH
0.0322 ETB
YEARLY LOW
0.0282 ETB
YEARLY AVERAGE
0.0308 ETB

2016 MWK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MWK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0322. Conversely, the yearly low was recorded on February 21, dropping to 0.0282.

This high-to-low spread represents a total annual volatility of 0.0039 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0308 to the December average rate of 0.0310, the exchange rate registered a net change of 0.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0322 was down 32.35% compared to the 2015 peak of 0.0476, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 161 ETB
2015 Average 210 ETB
Yearly Trough Low 141 ETB
Transaction Impact: A difference of 19.70 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0319
0.0286
JanuMarcMayJulySeptNove

MWK 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 0.0307, compared to 0.0309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0307
H2 Avg (Jul–Dec) 0.0309

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0030 ETB (High: 0.0322 / Low: 0.0292). On the other end, November was the most stable month, with a tight range of 0.0002 ETB (High: 0.0311 / Low: 0.0309).

January Spread (Volatile) ±0.0030
November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0308) against the same month in 2015 (average: 0.0438), the exchange rate shifted by -0.0130 (-29.64%).

2016 Avg (January) 0.0308
2015 Avg (January) 0.0438

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0322 0.0292 0.0308
February 0.0296 0.0282 0.0288
March 0.0316 0.0287 0.0306
April 0.0320 0.0314 0.0316
May 0.0317 0.0307 0.0312
June 0.0313 0.0307 0.0309
July 0.0310 0.0306 0.0308
August 0.0309 0.0307 0.0307
September 0.0309 0.0306 0.0307
October 0.0312 0.0308 0.0309
November 0.0311 0.0309 0.0310
December 0.0312 0.0307 0.0310