YEARLY HIGH
16.4716 ETB
YEARLY LOW
13.5789 ETB
YEARLY AVERAGE
15.2305 ETB

2016 NZD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 16.4716. Conversely, the yearly low was recorded on January 19, dropping to 13.5789.

This high-to-low spread represents a total annual volatility of 2.8927 ETB. From a start-to-finish perspective, comparing the January average rate of 13.9064 to the December average rate of 15.7339, the exchange rate registered a net change of 13.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 16.4716 was up 3.89% compared to the 2015 peak of 15.8551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 82,358 ETB
2015 Average 72,359 ETB
Yearly Trough Low 67,894 ETB
Transaction Impact: A difference of 14,463.58 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

16.3702
13.6824
JanuMarcMayJulySeptNove

NZD 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 14.5723, compared to 15.8888 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3165 points.

H1 Avg (Jan–Jun) 14.5723
H2 Avg (Jul–Dec) 15.8888

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.9656 ETB (High: 15.7696 / Low: 14.8040). On the other end, February was the most stable month, with a tight range of 0.4365 ETB (High: 14.3423 / Low: 13.9058).

June Spread (Volatile) ±0.9656
February Spread (Stable) ±0.4365

Growth Streaks & Declines

Trends

Between May and September, 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 September and October, when the average rate fell by 0.2518 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2518

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2016: 16.1462) against the same month in 2015 (average: 13.2427), the exchange rate shifted by +2.9035 (+21.93%).

2016 Avg (September) 16.1462
2015 Avg (September) 13.2427

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.5331 13.5789 13.9064
February 14.3423 13.9058 14.1459
March 14.8771 14.1123 14.4315
April 15.1827 14.5981 14.8510
May 15.1578 14.5702 14.7354
June 15.7696 14.8040 15.3636
July 16.0363 15.3273 15.6745
August 16.1637 15.7256 15.9417
September 16.4716 15.9802 16.1462
October 16.1828 15.6540 15.8945
November 16.4195 15.6141 15.9418
December 16.1703 15.3984 15.7339