YEARLY HIGH
53.1002 CVE
YEARLY LOW
47.9821 CVE
YEARLY AVERAGE
49.8534 CVE

2016 BZD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 53.1002. Conversely, the yearly low was recorded on May 4, dropping to 47.9821.

This high-to-low spread represents a total annual volatility of 5.1180 CVE. From a start-to-finish perspective, comparing the January average rate of 50.8611 to the December average rate of 52.1798, the exchange rate registered a net change of 2.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 53.1002 was up 1.57% compared to the 2015 peak of 52.2784, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 265,501 CVE
2015 Average 248,286 CVE
Yearly Trough Low 239,911 CVE
Transaction Impact: A difference of 25,590.08 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

52.5320
48.3060
JanuMarcMayJulySeptNove

BZD 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 49.4720, compared to 50.2349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7629 points.

H1 Avg (Jan–Jun) 49.4720
H2 Avg (Jul–Dec) 50.2349

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 2.4668 CVE (High: 52.1659 / Low: 49.6992). On the other end, September was the most stable month, with a tight range of 0.4860 CVE (High: 49.4617 / Low: 48.9757).

November Spread (Volatile) ±2.4668
September Spread (Stable) ±0.4860

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 1.0383 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 52.1798) against the same month in 2015 (average: 50.7287), the exchange rate shifted by +1.4511 (+2.86%).

2016 Avg (December) 52.1798
2015 Avg (December) 50.7287

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.3652 50.6044 50.8611
February 50.8548 48.9740 49.8228
March 50.8910 48.8206 49.7262
April 49.2224 48.2160 48.7558
May 49.3870 47.9821 48.6582
June 49.9408 48.3641 49.0080
July 50.1354 49.3549 49.7841
August 49.7818 48.6826 49.2207
September 49.4617 48.9757 49.1889
October 50.6934 49.1246 49.9725
November 52.1659 49.6992 51.0634
December 53.1002 51.1445 52.1798