2016 BZD to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |