2016 SGD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SGD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SGD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 16.4546. Conversely, the yearly low was recorded on January 10, dropping to 14.7032.
This high-to-low spread represents a total annual volatility of 1.7514 ETB. From a start-to-finish perspective, comparing the January average rate of 14.8397 to the December average rate of 15.5897, the exchange rate registered a net change of 5.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 16.4546 was up 5.72% compared to the 2015 peak of 15.5646, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SGD to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.5836, compared to 16.0578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4742 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 0.6740 ETB (High: 15.9391 / Low: 15.2651). On the other end, April was the most stable month, with a tight range of 0.2377 ETB (High: 16.0839 / Low: 15.8462).
Growth Streaks & Declines
TrendsBetween January and April, 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 October and November, when the average rate fell by 0.2353 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 16.3676) against the same month in 2015 (average: 14.9009), the exchange rate shifted by +1.4666 (+9.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.0266 | 14.7032 | 14.8397 |
| February | 15.2989 | 14.9363 | 15.1739 |
| March | 15.9391 | 15.2651 | 15.5913 |
| April | 16.0839 | 15.8462 | 15.9621 |
| May | 16.0770 | 15.7184 | 15.8269 |
| June | 16.2734 | 15.8067 | 16.1075 |
| July | 16.4342 | 16.1775 | 16.2666 |
| August | 16.4546 | 16.1886 | 16.3676 |
| September | 16.3939 | 16.1330 | 16.2592 |
| October | 16.2685 | 15.9235 | 16.0494 |
| November | 16.1323 | 15.5989 | 15.8141 |
| December | 15.8186 | 15.4004 | 15.5897 |