YEARLY HIGH
66.5533 CVE
YEARLY LOW
57.2208 CVE
YEARLY AVERAGE
62.2207 CVE

2016 AZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 66.5533. Conversely, the yearly low was recorded on December 28, dropping to 57.2208.

This high-to-low spread represents a total annual volatility of 9.3325 CVE. From a start-to-finish perspective, comparing the January average rate of 64.0729 to the December average rate of 59.0480, the exchange rate registered a net change of -7.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 66.5533 was down 46.93% compared to the 2015 peak of 125.3992, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 332,766 CVE
2015 Average 492,264 CVE
Yearly Trough Low 286,104 CVE
Transaction Impact: A difference of 46,662.44 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

65.4582
58.4653
JanuMarcMayJulySeptNove

AZN 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 63.6679, compared to 60.7735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8944 points.

H1 Avg (Jan–Jun) 63.6679
H2 Avg (Jul–Dec) 60.7735

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 5.5116 CVE (High: 65.0796 / Low: 59.5680). On the other end, September was the most stable month, with a tight range of 1.3179 CVE (High: 60.4212 / Low: 59.1033).

March Spread (Volatile) ±5.5116
September Spread (Stable) ±1.3179

Growth Streaks & Declines

Trends

Between March and May, 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 July and August, when the average rate fell by 2.9992 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.9992

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 64.8754) against the same month in 2015 (average: 93.9384), the exchange rate shifted by -29.0630 (-30.94%).

2016 Avg (May) 64.8754
2015 Avg (May) 93.9384

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 65.5876 62.3496 64.0729
February 64.6095 61.6190 62.8676
March 65.0796 59.5680 61.4624
April 65.3711 63.1602 64.1488
May 66.5533 63.5158 64.8754
June 66.2810 63.3924 64.5803
July 64.3206 61.8742 63.5646
August 61.9786 59.3489 60.5653
September 60.4212 59.1033 59.8359
October 62.7979 60.3015 61.7498
November 60.6688 59.1466 59.8772
December 59.8178 57.2208 59.0480