2016 BHD to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BHD to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BHD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 282.9368. Conversely, the yearly low was recorded on May 4, dropping to 253.7239.
This high-to-low spread represents a total annual volatility of 29.2129 CVE. From a start-to-finish perspective, comparing the January average rate of 269.2673 to the December average rate of 277.6500, the exchange rate registered a net change of 3.11% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 282.9368 was up 2.04% compared to the 2015 peak of 277.2870, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BHD to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 262.1184, compared to 266.5588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4404 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 13.8703 CVE (High: 276.7213 / Low: 262.8510). On the other end, September was the most stable month, with a tight range of 2.4835 CVE (High: 262.0493 / Low: 259.5657).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 5.6403 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 277.6500) against the same month in 2015 (average: 268.1629), the exchange rate shifted by +9.4871 (+3.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 271.8568 | 267.6021 | 269.2673 |
| February | 269.2419 | 259.0457 | 263.6270 |
| March | 269.3087 | 258.4103 | 263.1620 |
| April | 260.3945 | 255.9970 | 258.0809 |
| May | 262.5373 | 253.7239 | 258.1963 |
| June | 265.3188 | 256.4396 | 260.3767 |
| July | 265.9967 | 261.8766 | 263.9284 |
| August | 263.8761 | 258.0355 | 260.8803 |
| September | 262.0493 | 259.5657 | 260.9211 |
| October | 268.9349 | 260.1574 | 264.9990 |
| November | 276.7213 | 262.8510 | 270.9738 |
| December | 282.9368 | 272.0231 | 277.6500 |