YEARLY HIGH
32.4963 CVE
YEARLY LOW
24.2983 CVE
YEARLY AVERAGE
28.7395 CVE

2016 BRL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BRL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 32.4963. Conversely, the yearly low was recorded on February 16, dropping to 24.2983.

This high-to-low spread represents a total annual volatility of 8.1980 CVE. From a start-to-finish perspective, comparing the January average rate of 25.1058 to the December average rate of 31.1960, the exchange rate registered a net change of 24.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 32.4963 was down 14.59% compared to the 2015 peak of 38.0452, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 812,408 CVE
2015 Average 756,086 CVE
Yearly Trough Low 607,458 CVE
Transaction Impact: A difference of 204,949.82 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

31.9089
24.4133
JanuMarcMayJulySeptNove

BRL 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 26.7669, compared to 30.7121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9452 points.

H1 Avg (Jan–Jun) 26.7669
H2 Avg (Jul–Dec) 30.7121

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 3.4467 CVE (High: 30.8146 / Low: 27.3679). On the other end, July was the most stable month, with a tight range of 1.0551 CVE (High: 30.7346 / Low: 29.6795).

June Spread (Volatile) ±3.4467
July Spread (Stable) ±1.0551

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.7975 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.7975

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 31.2842) against the same month in 2015 (average: 25.3667), the exchange rate shifted by +5.9175 (+23.33%).

2016 Avg (October) 31.2842
2015 Avg (October) 25.3667

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.6910 24.4528 25.1058
February 25.6572 24.2983 25.0379
March 27.6357 25.7205 26.8822
April 28.0334 26.3896 27.3975
May 28.0548 26.9955 27.5112
June 30.8146 27.3679 28.6669
July 30.7346 29.6795 30.4120
August 31.5834 29.9740 30.6642
September 30.6927 29.5425 30.2294
October 32.4963 30.1225 31.2842
November 31.4163 29.7477 30.4867
December 32.4923 29.4435 31.1960