YEARLY HIGH
74.1759 CVE
YEARLY LOW
70.0707 CVE
YEARLY AVERAGE
72.1903 CVE

2016 BND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 74.1759. Conversely, the yearly low was recorded on February 13, dropping to 70.0707.

This high-to-low spread represents a total annual volatility of 4.1051 CVE. From a start-to-finish perspective, comparing the January average rate of 70.8998 to the December average rate of 72.8501, the exchange rate registered a net change of 2.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 74.1759 was down 2.97% compared to the 2015 peak of 76.4464, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 370,879 CVE
2015 Average 361,387 CVE
Yearly Trough Low 350,354 CVE
Transaction Impact: A difference of 20,525.72 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

74.0605
70.4778
JanuMarcMayJulySeptNove

BND 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 71.6039, compared to 72.7767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1728 points.

H1 Avg (Jan–Jun) 71.6039
H2 Avg (Jul–Dec) 72.7767

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 2.9806 CVE (High: 73.7822 / Low: 70.8016). On the other end, July was the most stable month, with a tight range of 0.5448 CVE (High: 73.9699 / Low: 73.4251).

December Spread (Volatile) ±2.9806
July Spread (Stable) ±0.5448

Growth Streaks & Declines

Trends

Between May and July, 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 0.9909 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9909

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 72.4622) against the same month in 2015 (average: 73.1002), the exchange rate shifted by -0.6379 (-0.87%).

2016 Avg (June) 72.4622
2015 Avg (June) 73.1002

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 71.9777 70.1140 70.8998
February 71.9573 70.0707 70.7764
March 72.9719 71.9278 72.3339
April 72.7613 71.6081 72.0709
May 71.8506 70.4649 71.0800
June 74.1759 71.1983 72.4622
July 73.9699 73.4251 73.7619
August 73.9549 72.1156 73.0060
September 72.9120 71.8576 72.3734
October 72.8242 71.8319 72.2597
November 72.9633 71.7070 72.4088
December 73.7822 70.8016 72.8501