2016 AFN to CVE Historical Review

YEARLY HIGH

1.6076 CVE

YEARLY LOW

1.3975 CVE

YEARLY AVERAGE

1.4709 CVE

2016 AFN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.6076. Conversely, the yearly low was recorded on June 8, dropping to 1.3975.

This high-to-low spread represents a total annual volatility of 0.2101 CVE. From a start-to-finish perspective, comparing the January average rate of 1.4796 to the December average rate of 1.5748, the exchange rate registered a net change of 6.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.6076 was down 11.19% compared to the 2015 peak of 1.8102, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,038 CVE

2015 Average 8,131 CVE

Yearly Trough Low 6,988 CVE

Transaction Impact: A difference of 1,050.50 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.5905

1.4025

JanuMarcMayJulySeptNove

AFN to CVE 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 1.4386, compared to 1.5031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0645 points.

H1 Avg (Jan–Jun) 1.4386

H2 Avg (Jul–Dec) 1.5031

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0786 CVE (High: 1.5151 / Low: 1.4365). On the other end, July was the most stable month, with a tight range of 0.0212 CVE (High: 1.4590 / Low: 1.4378).

August Spread (Volatile) ±0.0786

July Spread (Stable) ±0.0212

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0362 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.5748) against the same month in 2015 (average: 1.4979), the exchange rate shifted by +0.0769 (+5.14%).

2016 Avg (December) 1.5748

2015 Avg (December) 1.4979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4940	1.4688	1.4796
February	1.4771	1.4178	1.4434
March	1.4784	1.4187	1.4487
April	1.4352	1.4106	1.4214
May	1.4375	1.3981	1.4182
June	1.4604	1.3975	1.4206
July	1.4590	1.4378	1.4496
August	1.5151	1.4365	1.4621
September	1.4976	1.4559	1.4753
October	1.5372	1.4876	1.5168
November	1.5637	1.5070	1.5400
December	1.6076	1.5387	1.5748