YEARLY HIGH
15.4473 CVE
YEARLY LOW
13.8432 CVE
YEARLY AVERAGE
14.4463 CVE

2016 BOB to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 15.4473. Conversely, the yearly low was recorded on May 4, dropping to 13.8432.

This high-to-low spread represents a total annual volatility of 1.6042 CVE. From a start-to-finish perspective, comparing the January average rate of 14.6910 to the December average rate of 15.1177, the exchange rate registered a net change of 2.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 15.4473 was up 2.12% compared to the 2015 peak of 15.1273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 77,237 CVE
2015 Average 71,910 CVE
Yearly Trough Low 69,216 CVE
Transaction Impact: A difference of 8,020.85 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

15.2182
14.0131
JanuMarcMayJulySeptNove

BOB 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 14.3556, compared to 14.5371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1815 points.

H1 Avg (Jan–Jun) 14.3556
H2 Avg (Jul–Dec) 14.5371

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.7301 CVE (High: 15.0993 / Low: 14.3693). On the other end, September was the most stable month, with a tight range of 0.1413 CVE (High: 14.2945 / Low: 14.1532).

November Spread (Volatile) ±0.7301
September Spread (Stable) ±0.1413

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.3613 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 15.1177) against the same month in 2015 (average: 14.6490), the exchange rate shifted by +0.4687 (+3.20%).

2016 Avg (December) 15.1177
2015 Avg (December) 14.6490

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.8363 14.6093 14.6910
February 14.7491 14.1466 14.4190
March 14.8024 14.2801 14.5089
April 14.2706 13.9618 14.1476
May 14.3596 13.8432 14.1135
June 14.5273 14.0450 14.2535
July 14.5155 14.3042 14.4451
August 14.3942 14.0559 14.2200
September 14.2945 14.1532 14.2208
October 14.6631 14.2105 14.4490
November 15.0993 14.3693 14.7701
December 15.4473 14.8352 15.1177