YEARLY HIGH
0.2269 ETB
YEARLY LOW
0.2068 ETB
YEARLY AVERAGE
0.2192 ETB

2016 CVE to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.2269. Conversely, the yearly low was recorded on January 5, dropping to 0.2068.

This high-to-low spread represents a total annual volatility of 0.0202 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2094 to the December average rate of 0.2141, the exchange rate registered a net change of 2.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.2269 was up 2.05% compared to the 2015 peak of 0.2224, 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 1,135 ETB
2015 Average 1,042 ETB
Yearly Trough Low 1,034 ETB
Transaction Impact: A difference of 100.80 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2263
0.2078
JanuMarcMayJulySeptNove

CVE to ETB 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 0.2177, compared to 0.2207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.2177
H2 Avg (Jul–Dec) 0.2207

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0107 ETB (High: 0.2247 / Low: 0.2140). On the other end, September was the most stable month, with a tight range of 0.0025 ETB (High: 0.2258 / Low: 0.2233).

November Spread (Volatile) ±0.0107
September Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0045 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.2243) against the same month in 2015 (average: 0.2103), the exchange rate shifted by +0.0140 (+6.64%).

2016 Avg (August) 0.2243
2015 Avg (August) 0.2103

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2106 0.2068 0.2094
February 0.2180 0.2100 0.2145
March 0.2208 0.2105 0.2156
April 0.2240 0.2198 0.2216
May 0.2256 0.2199 0.2228
June 0.2249 0.2187 0.2221
July 0.2231 0.2192 0.2205
August 0.2269 0.2210 0.2243
September 0.2258 0.2233 0.2247
October 0.2262 0.2185 0.2222
November 0.2247 0.2140 0.2185
December 0.2190 0.2086 0.2141