YEARLY HIGH
0.1056 ETB
YEARLY LOW
0.0963 ETB
YEARLY AVERAGE
0.1007 ETB

2016 SYP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SYP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.1056. Conversely, the yearly low was recorded on January 13, dropping to 0.0963.

This high-to-low spread represents a total annual volatility of 0.0093 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0966 to the December average rate of 0.1049, the exchange rate registered a net change of 8.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1056 was down 6.56% compared to the 2015 peak of 0.1130, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 528 ETB
2015 Average 533 ETB
Yearly Trough Low 481 ETB
Transaction Impact: A difference of 46.51 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1057
0.0957
JanuMarcMayJulySeptNove

SYP 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 0.0979, compared to 0.1034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.0979
H2 Avg (Jul–Dec) 0.1034

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0019 ETB (High: 0.1011 / Low: 0.0992). On the other end, April was the most stable month, with a tight range of 0.0006 ETB (High: 0.0985 / Low: 0.0979).

June Spread (Volatile) ±0.0019
April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.1049) against the same month in 2015 (average: 0.0957), the exchange rate shifted by +0.0092 (+9.60%).

2016 Avg (December) 0.1049
2015 Avg (December) 0.0957

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0973 0.0963 0.0966
February 0.0975 0.0965 0.0970
March 0.0980 0.0969 0.0973
April 0.0985 0.0979 0.0982
May 0.0998 0.0982 0.0988
June 0.1011 0.0992 0.0996
July 0.1023 0.1009 0.1016
August 0.1033 0.1022 0.1027
September 0.1037 0.1028 0.1032
October 0.1042 0.1033 0.1037
November 0.1049 0.1038 0.1044
December 0.1056 0.1042 0.1049