2016 BGN to CVE Historical Review

YEARLY HIGH

57.2203 CVE

YEARLY LOW

54.7385 CVE

YEARLY AVERAGE

56.3743 CVE

2016 BGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 57.2203. Conversely, the yearly low was recorded on December 28, dropping to 54.7385.

This high-to-low spread represents a total annual volatility of 2.4818 CVE. From a start-to-finish perspective, comparing the January average rate of 56.3764 to the December average rate of 56.3725, the exchange rate registered a net change of -0.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 57.2203 was up 0.52% compared to the 2015 peak of 56.9239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 286,101 CVE

2015 Average 281,661 CVE

Yearly Trough Low 273,693 CVE

Transaction Impact: A difference of 12,408.83 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

56.5062

56.1926

JanuMarcMayJulySeptNove

BGN 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 56.3888, compared to 56.3599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0289 points.

H1 Avg (Jan–Jun) 56.3888

H2 Avg (Jul–Dec) 56.3599

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 2.4225 CVE (High: 57.1610 / Low: 54.7385). On the other end, January was the most stable month, with a tight range of 0.3692 CVE (High: 56.5676 / Low: 56.1984).

December Spread (Volatile) ±2.4225

January Spread (Stable) ±0.3692

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 0.1808 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1808

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 56.4800) against the same month in 2015 (average: 56.2374), the exchange rate shifted by +0.2427 (+0.43%).

2016 Avg (March) 56.4800

2015 Avg (March) 56.2374

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.5676	56.1984	56.3764
February	56.7141	56.1893	56.4242
March	57.2203	56.2202	56.4800
April	56.6490	55.7804	56.3995
May	56.6666	55.8721	56.2187
June	56.8413	56.1141	56.4340
July	56.4857	56.0908	56.3582
August	56.5214	56.0760	56.3573
September	56.5271	56.1106	56.3629
October	56.5967	56.1718	56.3580
November	56.5331	56.0056	56.3504
December	57.1610	54.7385	56.3725