2016 CVE to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CVE to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CVE to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 17.2335. Conversely, the yearly low was recorded on January 24, dropping to 15.2002.
This high-to-low spread represents a total annual volatility of 2.0334 BIF. From a start-to-finish perspective, comparing the January average rate of 15.3884 to the December average rate of 16.0144, the exchange rate registered a net change of 4.07% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 17.2335 was up 0.16% compared to the 2015 peak of 17.2055, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
CVE to BIF 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 15.8609, compared to 16.5898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7288 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 1.5039 BIF (High: 17.2335 / Low: 15.7297). On the other end, September was the most stable month, with a tight range of 0.2110 BIF (High: 17.0032 / Low: 16.7922).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3591 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 16.3515) against the same month in 2015 (average: 15.9230), the exchange rate shifted by +0.4286 (+2.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.5385 | 15.2002 | 15.3884 |
| February | 15.8980 | 15.4296 | 15.6964 |
| March | 16.0574 | 15.4276 | 15.7377 |
| April | 16.1501 | 15.7766 | 15.9708 |
| May | 16.2962 | 15.7187 | 16.0207 |
| June | 17.2335 | 15.7297 | 16.3515 |
| July | 16.7984 | 16.5019 | 16.6479 |
| August | 17.0989 | 16.7046 | 16.8964 |
| September | 17.0032 | 16.7922 | 16.9204 |
| October | 17.0041 | 16.4574 | 16.6860 |
| November | 16.8677 | 16.0272 | 16.3734 |
| December | 16.3769 | 15.6637 | 16.0144 |