YEARLY HIGH
6.7032 ETB
YEARLY LOW
6.0386 ETB
YEARLY AVERAGE
6.4736 ETB

2016 PEN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PEN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 6.7032. Conversely, the yearly low was recorded on February 25, dropping to 6.0386.

This high-to-low spread represents a total annual volatility of 0.6646 ETB. From a start-to-finish perspective, comparing the January average rate of 6.1839 to the December average rate of 6.5936, the exchange rate registered a net change of 6.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 6.7032 was down 1.28% compared to the 2015 peak of 6.7904, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,516 ETB
2015 Average 32,515 ETB
Yearly Trough Low 30,193 ETB
Transaction Impact: A difference of 3,323.17 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

6.7010
6.0251
JanuMarcMayJulySeptNove

PEN 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 6.3603, compared to 6.5868 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2265 points.

H1 Avg (Jan–Jun) 6.3603
H2 Avg (Jul–Dec) 6.5868

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.3943 ETB (High: 6.4673 / Low: 6.0730). On the other end, January was the most stable month, with a tight range of 0.0785 ETB (High: 6.2145 / Low: 6.1360).

March Spread (Volatile) ±0.3943
January Spread (Stable) ±0.0785

Growth Streaks & Declines

Trends

Between September and December, 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 0.1025 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 6.5936) against the same month in 2015 (average: 6.2506), the exchange rate shifted by +0.3430 (+5.49%).

2016 Avg (December) 6.5936
2015 Avg (December) 6.2506

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.2145 6.1360 6.1839
February 6.1337 6.0386 6.0814
March 6.4673 6.0730 6.2837
April 6.6471 6.3524 6.5283
May 6.5751 6.4568 6.5107
June 6.6531 6.4481 6.5739
July 6.6946 6.5544 6.6446
August 6.6757 6.5198 6.6214
September 6.6158 6.4814 6.5420
October 6.6206 6.5047 6.5576
November 6.6181 6.5213 6.5619
December 6.7032 6.5202 6.5936