2016 BTN to CVE Historical Review

YEARLY HIGH

1.5710 CVE

YEARLY LOW

1.4326 CVE

YEARLY AVERAGE

1.4834 CVE

2016 BTN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BTN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.5710. Conversely, the yearly low was recorded on February 11, dropping to 1.4326.

This high-to-low spread represents a total annual volatility of 0.1384 CVE. From a start-to-finish perspective, comparing the January average rate of 1.5089 to the December average rate of 1.5418, the exchange rate registered a net change of 2.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.5710 was down 5.93% compared to the 2015 peak of 1.6700, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,855 CVE

2015 Average 7,747 CVE

Yearly Trough Low 7,163 CVE

Transaction Impact: A difference of 692.15 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.5505

1.4459

JanuMarcMayJulySeptNove

BTN 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 1.4708, compared to 1.4959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0252 points.

H1 Avg (Jan–Jun) 1.4708

H2 Avg (Jul–Dec) 1.4959

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0605 CVE (High: 1.4931 / Low: 1.4326). On the other end, September was the most stable month, with a tight range of 0.0178 CVE (High: 1.4816 / Low: 1.4637).

February Spread (Volatile) ±0.0605

September Spread (Stable) ±0.0178

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 January and February, when the average rate fell by 0.0525 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0525

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1.5418) against the same month in 2015 (average: 1.5194), the exchange rate shifted by +0.0224 (+1.47%).

2016 Avg (December) 1.5418

2015 Avg (December) 1.5194

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5405	1.4858	1.5089
February	1.4931	1.4326	1.4564
March	1.5023	1.4650	1.4819
April	1.4746	1.4516	1.4637
May	1.4729	1.4380	1.4546
June	1.4772	1.4410	1.4592
July	1.4940	1.4687	1.4817
August	1.4891	1.4511	1.4699
September	1.4816	1.4637	1.4731
October	1.5159	1.4732	1.4975
November	1.5284	1.4870	1.5117
December	1.5710	1.5113	1.5418