2016 SRD to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SRD to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SRD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 5.4109. Conversely, the yearly low was recorded on September 21, dropping to 2.8439.
This high-to-low spread represents a total annual volatility of 2.5671 ETB. From a start-to-finish perspective, comparing the January average rate of 5.3213 to the December average rate of 3.0412, the exchange rate registered a net change of -42.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 5.4109 was down 16.00% compared to the 2015 peak of 6.4417, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SRD 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 4.4952, compared to 3.0573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4379 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 0.5090 ETB (High: 3.8768 / Low: 3.3678). On the other end, July was the most stable month, with a tight range of 0.0275 ETB (High: 3.1268 / Low: 3.0993).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.3023 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 5.3599) against the same month in 2015 (average: 6.2030), the exchange rate shifted by -0.8430 (-13.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.3597 | 5.3049 | 5.3213 |
| February | 5.3658 | 5.3118 | 5.3398 |
| March | 5.4109 | 5.3357 | 5.3599 |
| April | 4.2505 | 3.7733 | 4.0577 |
| May | 3.8768 | 3.3678 | 3.7320 |
| June | 3.3924 | 3.0959 | 3.1605 |
| July | 3.1268 | 3.0993 | 3.1089 |
| August | 3.1301 | 2.9950 | 3.0707 |
| September | 3.0785 | 2.8439 | 2.9494 |
| October | 3.2490 | 2.9023 | 3.0777 |
| November | 3.2009 | 3.0538 | 3.0958 |
| December | 3.0702 | 3.0071 | 3.0412 |