2016 CVE to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CVE to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CVE to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 93.1541. Conversely, the yearly low was recorded on June 5, dropping to 74.2943.
This high-to-low spread represents a total annual volatility of 18.8598 GNF. From a start-to-finish perspective, comparing the January average rate of 76.2270 to the December average rate of 88.6854, the exchange rate registered a net change of 16.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 93.1541 was up 18.52% compared to the 2015 peak of 78.5964, 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 GNF 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 77.2462, compared to 90.5283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.2822 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 15.9159 GNF (High: 90.2102 / Low: 74.2943). On the other end, January was the most stable month, with a tight range of 1.5058 GNF (High: 76.8691 / Low: 75.3633).
Growth Streaks & Declines
TrendsBetween May and September, 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 April and May, when the average rate fell by 1.9279 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2016: 92.3743) against the same month in 2015 (average: 74.3629), the exchange rate shifted by +18.0114 (+24.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 76.8691 | 75.3633 | 76.2270 |
| February | 78.8161 | 75.3930 | 77.4755 |
| March | 78.1738 | 75.2554 | 76.7721 |
| April | 78.7117 | 77.1836 | 77.9491 |
| May | 78.8647 | 74.3190 | 76.0213 |
| June | 90.2102 | 74.2943 | 79.0319 |
| July | 90.8689 | 88.7761 | 89.8843 |
| August | 92.9712 | 90.3336 | 91.9502 |
| September | 93.1541 | 91.2627 | 92.3743 |
| October | 93.0398 | 89.6233 | 90.9384 |
| November | 92.3035 | 86.7746 | 89.3375 |
| December | 91.6791 | 86.8744 | 88.6854 |