YEARLY HIGH
0.0219 FJD
YEARLY LOW
0.0198 FJD
YEARLY AVERAGE
0.0209 FJD

2016 CVE to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.0219. Conversely, the yearly low was recorded on December 18, dropping to 0.0198.

This high-to-low spread represents a total annual volatility of 0.0021 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0212 to the December average rate of 0.0201, the exchange rate registered a net change of -5.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0219 was down 2.75% compared to the 2015 peak of 0.0225, 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 109 FJD
2015 Average 105 FJD
Yearly Trough Low 99 FJD
Transaction Impact: A difference of 10.36 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0217
0.0200
JanuMarcMayJulySeptNove

CVE to FJD 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 0.0213, compared to 0.0206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0213
H2 Avg (Jul–Dec) 0.0206

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0010 FJD (High: 0.0208 / Low: 0.0198). On the other end, September was the most stable month, with a tight range of 0.0003 FJD (High: 0.0210 / Low: 0.0207).

December Spread (Volatile) ±0.0010
September Spread (Stable) ±0.0003

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 June and July, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0215) against the same month in 2015 (average: 0.0210), the exchange rate shifted by +0.0004 (+2.10%).

2016 Avg (February) 0.0215
2015 Avg (February) 0.0210

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0216 0.0209 0.0212
February 0.0219 0.0210 0.0215
March 0.0213 0.0208 0.0211
April 0.0216 0.0210 0.0213
May 0.0218 0.0214 0.0216
June 0.0216 0.0207 0.0212
July 0.0210 0.0205 0.0207
August 0.0210 0.0206 0.0208
September 0.0210 0.0207 0.0208
October 0.0210 0.0203 0.0206
November 0.0206 0.0200 0.0203
December 0.0208 0.0198 0.0201