2016 BIF to CVE Historical Review

YEARLY HIGH

0.0658 CVE

YEARLY LOW

0.0580 CVE

YEARLY AVERAGE

0.0617 CVE

2016 BIF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BIF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0658. Conversely, the yearly low was recorded on June 22, dropping to 0.0580.

This high-to-low spread represents a total annual volatility of 0.0078 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0650 to the December average rate of 0.0625, the exchange rate registered a net change of -3.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0658 was down 2.25% compared to the 2015 peak of 0.0673, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 329 CVE

2015 Average 317 CVE

Yearly Trough Low 290 CVE

Transaction Impact: A difference of 38.81 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0656

0.0585

JanuMarcMayJulySeptNove

BIF 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 0.0631, compared to 0.0603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0631

H2 Avg (Jul–Dec) 0.0603

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0055 CVE (High: 0.0636 / Low: 0.0580). On the other end, September was the most stable month, with a tight range of 0.0007 CVE (High: 0.0596 / Low: 0.0588).

June Spread (Volatile) ±0.0055

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0650) against the same month in 2015 (average: 0.0604), the exchange rate shifted by +0.0046 (+7.62%).

2016 Avg (January) 0.0650

2015 Avg (January) 0.0604

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0658	0.0644	0.0650
February	0.0648	0.0629	0.0637
March	0.0648	0.0623	0.0636
April	0.0634	0.0619	0.0626
May	0.0636	0.0614	0.0624
June	0.0636	0.0580	0.0612
July	0.0606	0.0595	0.0601
August	0.0599	0.0585	0.0592
September	0.0596	0.0588	0.0591
October	0.0608	0.0588	0.0599
November	0.0624	0.0593	0.0611
December	0.0638	0.0611	0.0625