YEARLY HIGH
0.0722 BOB
YEARLY LOW
0.0647 BOB
YEARLY AVERAGE
0.0693 BOB

2016 CVE to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0722. Conversely, the yearly low was recorded on December 20, dropping to 0.0647.

This high-to-low spread represents a total annual volatility of 0.0075 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0681 to the December average rate of 0.0662, the exchange rate registered a net change of -2.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0722 was down 4.99% compared to the 2015 peak of 0.0760, 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 361 BOB
2015 Average 348 BOB
Yearly Trough Low 324 BOB
Transaction Impact: A difference of 37.51 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0713
0.0657
JanuMarcMayJulySeptNove

CVE to BOB 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 0.0697, compared to 0.0688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0697
H2 Avg (Jul–Dec) 0.0688

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0034 BOB (High: 0.0696 / Low: 0.0662). On the other end, September was the most stable month, with a tight range of 0.0007 BOB (High: 0.0707 / Low: 0.0700).

November Spread (Volatile) ±0.0034
September Spread (Stable) ±0.0007

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 November and December, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0709) against the same month in 2015 (average: 0.0701), the exchange rate shifted by +0.0008 (+1.13%).

2016 Avg (May) 0.0709
2015 Avg (May) 0.0701

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0684 0.0674 0.0681
February 0.0707 0.0678 0.0694
March 0.0700 0.0676 0.0689
April 0.0716 0.0701 0.0707
May 0.0722 0.0696 0.0709
June 0.0712 0.0688 0.0702
July 0.0699 0.0689 0.0692
August 0.0711 0.0695 0.0703
September 0.0707 0.0700 0.0703
October 0.0704 0.0682 0.0692
November 0.0696 0.0662 0.0677
December 0.0674 0.0647 0.0662