YEARLY HIGH
0.7155 AFN
YEARLY LOW
0.6220 AFN
YEARLY AVERAGE
0.6806 AFN

2016 CVE to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.7155. Conversely, the yearly low was recorded on December 20, dropping to 0.6220.

This high-to-low spread represents a total annual volatility of 0.0935 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6759 to the December average rate of 0.6351, the exchange rate registered a net change of -6.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.7155 was up 4.74% compared to the 2015 peak of 0.6832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,578 AFN
2015 Average 3,084 AFN
Yearly Trough Low 3,110 AFN
Transaction Impact: A difference of 467.56 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.7122
0.6281
JanuMarcMayJulySeptNove

CVE to AFN 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 0.6953, compared to 0.6659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0294 points.

H1 Avg (Jan–Jun) 0.6953
H2 Avg (Jul–Dec) 0.6659

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0361 AFN (High: 0.6961 / Low: 0.6600). On the other end, July was the most stable month, with a tight range of 0.0101 AFN (High: 0.6955 / Low: 0.6854).

August Spread (Volatile) ±0.0361
July Spread (Stable) ±0.0101

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0185 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.7040) against the same month in 2015 (average: 0.6038), the exchange rate shifted by +0.1002 (+16.60%).

2016 Avg (June) 0.7040
2015 Avg (June) 0.6038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6808 0.6693 0.6759
February 0.7053 0.6770 0.6929
March 0.7049 0.6764 0.6904
April 0.7089 0.6968 0.7035
May 0.7153 0.6957 0.7052
June 0.7155 0.6847 0.7040
July 0.6955 0.6854 0.6898
August 0.6961 0.6600 0.6841
September 0.6868 0.6677 0.6778
October 0.6722 0.6505 0.6593
November 0.6636 0.6395 0.6495
December 0.6499 0.6220 0.6351