2016 CVE to TOP Historical Review

YEARLY HIGH

0.0236 TOP

YEARLY LOW

0.0213 TOP

YEARLY AVERAGE

0.0226 TOP

2016 CVE to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CVE to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.0236. Conversely, the yearly low was recorded on December 19, dropping to 0.0213.

This high-to-low spread represents a total annual volatility of 0.0023 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0222 to the December average rate of 0.0218, the exchange rate registered a net change of -2.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0236 was up 0.88% compared to the 2015 peak of 0.0234, 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 118 TOP

2015 Average 107 TOP

Yearly Trough Low 106 TOP

Transaction Impact: A difference of 11.64 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0233

0.0216

JanuMarcMayJulySeptNove

CVE to TOP 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 0.0228, compared to 0.0224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0228

H2 Avg (Jul–Dec) 0.0224

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.0014 TOP (High: 0.0226 / Low: 0.0213). On the other end, September was the most stable month, with a tight range of 0.0003 TOP (High: 0.0230 / Low: 0.0227).

December Spread (Volatile) ±0.0014

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 September and October, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.0229) against the same month in 2015 (average: 0.0207), the exchange rate shifted by +0.0022 (+10.61%).

2016 Avg (February) 0.0229

2015 Avg (February) 0.0207

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0227	0.0218	0.0222
February	0.0236	0.0225	0.0229
March	0.0230	0.0223	0.0227
April	0.0232	0.0225	0.0229
May	0.0233	0.0229	0.0231
June	0.0234	0.0222	0.0229
July	0.0231	0.0225	0.0227
August	0.0232	0.0226	0.0230
September	0.0230	0.0227	0.0229
October	0.0229	0.0218	0.0222
November	0.0227	0.0216	0.0219
December	0.0226	0.0213	0.0218