YEARLY HIGH
0.0077 ETB
YEARLY LOW
0.0062 ETB
YEARLY AVERAGE
0.0072 ETB

2016 COP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the COP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 0.0077. Conversely, the yearly low was recorded on February 16, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0015 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0074, the exchange rate registered a net change of 14.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0077 was down 11.54% compared to the 2015 peak of 0.0087, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 38,608 ETB
2015 Average 38,053 ETB
Yearly Trough Low 31,190 ETB
Transaction Impact: A difference of 7,417.90 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0077
0.0062
JanuMarcMayJulySeptNove

COP 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 0.0069, compared to 0.0074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0069
H2 Avg (Jul–Dec) 0.0074

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0006 ETB (High: 0.0077 / Low: 0.0071). On the other end, February was the most stable month, with a tight range of 0.0002 ETB (High: 0.0065 / Low: 0.0062).

August Spread (Volatile) ±0.0006
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0004 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.0075) against the same month in 2015 (average: 0.0069), the exchange rate shifted by +0.0006 (+8.05%).

2016 Avg (August) 0.0075
2015 Avg (August) 0.0069

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0067 0.0063 0.0065
February 0.0065 0.0062 0.0064
March 0.0071 0.0066 0.0068
April 0.0075 0.0069 0.0072
May 0.0076 0.0071 0.0072
June 0.0075 0.0070 0.0073
July 0.0075 0.0072 0.0074
August 0.0077 0.0071 0.0075
September 0.0077 0.0074 0.0076
October 0.0077 0.0074 0.0076
November 0.0074 0.0070 0.0072
December 0.0076 0.0072 0.0074