YEARLY HIGH
1.2583 ETB
YEARLY LOW
1.0706 ETB
YEARLY AVERAGE
1.1708 ETB

2016 MXN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MXN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1.2583. Conversely, the yearly low was recorded on November 12, dropping to 1.0706.

This high-to-low spread represents a total annual volatility of 0.1876 ETB. From a start-to-finish perspective, comparing the January average rate of 1.1791 to the December average rate of 1.0911, the exchange rate registered a net change of -7.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.2583 was down 9.63% compared to the 2015 peak of 1.3923, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 62,913 ETB
2015 Average 65,285 ETB
Yearly Trough Low 53,532 ETB
Transaction Impact: A difference of 9,381.01 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.2470
1.0769
JanuMarcMayJulySeptNove

MXN 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 1.1909, compared to 1.1506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0403 points.

H1 Avg (Jan–Jun) 1.1909
H2 Avg (Jul–Dec) 1.1506

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1420 ETB (High: 1.2126 / Low: 1.0706). On the other end, July was the most stable month, with a tight range of 0.0295 ETB (High: 1.1941 / Low: 1.1646).

November Spread (Volatile) ±0.1420
July Spread (Stable) ±0.0295

Growth Streaks & Declines

Trends

Between February and April, 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 October and November, when the average rate fell by 0.0594 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0594

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 1.2329) against the same month in 2015 (average: 1.3452), the exchange rate shifted by -0.1123 (-8.35%).

2016 Avg (April) 1.2329
2015 Avg (April) 1.3452

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2324 1.1384 1.1791
February 1.1786 1.1149 1.1550
March 1.2448 1.1896 1.2136
April 1.2583 1.2068 1.2329
May 1.2549 1.1759 1.1964
June 1.1958 1.1430 1.1686
July 1.1941 1.1646 1.1818
August 1.2182 1.1647 1.1939
September 1.2037 1.1138 1.1520
October 1.1987 1.1431 1.1722
November 1.2126 1.0706 1.1127
December 1.1080 1.0749 1.0911