YEARLY HIGH
57.1640 CVE
YEARLY LOW
54.7561 CVE
YEARLY AVERAGE
56.3653 CVE

2016 BAM to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BAM to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 57.1640. Conversely, the yearly low was recorded on December 28, dropping to 54.7561.

This high-to-low spread represents a total annual volatility of 2.4079 CVE. From a start-to-finish perspective, comparing the January average rate of 56.3845 to the December average rate of 56.3489, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 57.1640 was up 0.52% compared to the 2015 peak of 56.8708, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 285,820 CVE
2015 Average 281,634 CVE
Yearly Trough Low 273,780 CVE
Transaction Impact: A difference of 12,039.72 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

56.5004
56.2023
JanuMarcMayJulySeptNove

BAM 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 56.3925, compared to 56.3381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0544 points.

H1 Avg (Jan–Jun) 56.3925
H2 Avg (Jul–Dec) 56.3381

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 1.9496 CVE (High: 56.7057 / Low: 54.7561). On the other end, January was the most stable month, with a tight range of 0.3757 CVE (High: 56.5436 / Low: 56.1679).

December Spread (Volatile) ±1.9496
January Spread (Stable) ±0.3757

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.1760 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1760

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 56.4756) against the same month in 2015 (average: 56.2385), the exchange rate shifted by +0.2370 (+0.42%).

2016 Avg (March) 56.4756
2015 Avg (March) 56.2385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.5436 56.1679 56.3845
February 56.7421 56.2088 56.4321
March 57.1640 56.2281 56.4756
April 56.6473 55.7906 56.4031
May 56.6510 55.9010 56.2271
June 56.8872 56.1025 56.4325
July 56.5035 56.0955 56.3330
August 56.5161 55.9925 56.3244
September 56.5189 56.0396 56.3420
October 56.6227 56.1432 56.3483
November 56.5284 56.0600 56.3319
December 56.7057 54.7561 56.3489