YEARLY HIGH
0.0154 NZD
YEARLY LOW
0.0134 NZD
YEARLY AVERAGE
0.0144 NZD

2016 CVE to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0154. Conversely, the yearly low was recorded on December 13, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0021 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0151 to the December average rate of 0.0136, the exchange rate registered a net change of -9.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0154 was down 5.36% compared to the 2015 peak of 0.0163, 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 77 NZD
2015 Average 72 NZD
Yearly Trough Low 67 NZD
Transaction Impact: A difference of 10.48 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0153
0.0135
JanuMarcMayJulySeptNove

CVE to NZD 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 0.0149, compared to 0.0139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0149
H2 Avg (Jul–Dec) 0.0139

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0011 NZD (High: 0.0154 / Low: 0.0144). On the other end, August was the most stable month, with a tight range of 0.0003 NZD (High: 0.0142 / Low: 0.0139).

January Spread (Volatile) ±0.0011
August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0151) against the same month in 2015 (average: 0.0139), the exchange rate shifted by +0.0012 (+8.72%).

2016 Avg (January) 0.0151
2015 Avg (January) 0.0139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0154 0.0144 0.0151
February 0.0154 0.0148 0.0152
March 0.0152 0.0145 0.0149
April 0.0152 0.0146 0.0149
May 0.0153 0.0148 0.0151
June 0.0149 0.0140 0.0145
July 0.0143 0.0137 0.0141
August 0.0142 0.0139 0.0141
September 0.0141 0.0136 0.0139
October 0.0143 0.0138 0.0140
November 0.0139 0.0135 0.0137
December 0.0140 0.0134 0.0136