2015 ERN to CVE Historical Review

YEARLY HIGH

104.5097 CVE

YEARLY LOW

91.2390 CVE

YEARLY AVERAGE

99.3013 CVE

2015 ERN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ERN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 104.5097. Conversely, the yearly low was recorded on January 2, dropping to 91.2390.

This high-to-low spread represents a total annual volatility of 13.2708 CVE. From a start-to-finish perspective, comparing the January average rate of 94.6331 to the December average rate of 101.1157, the exchange rate registered a net change of 6.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 104.5097 was up 15.27% compared to the 2014 peak of 90.6613, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ERN based on timing:

Yearly Peak High 522,549 CVE

2014 Average 413,909 CVE

Yearly Trough Low 456,195 CVE

Transaction Impact: A difference of 66,354.00 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

103.6231

93.8158

JanuMarcMayJulySeptNove

ERN to CVE 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 98.6668, compared to 99.9359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2691 points.

H1 Avg (Jan–Jun) 98.6668

H2 Avg (Jul–Dec) 99.9359

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 7.0699 CVE (High: 98.3088 / Low: 91.2390). On the other end, February was the most stable month, with a tight range of 2.3528 CVE (High: 98.3772 / Low: 96.0245).

January Spread (Volatile) ±7.0699

February Spread (Stable) ±2.3528

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.2518 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.2518

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 101.6344) against the same month in 2014 (average: 79.3567), the exchange rate shifted by +22.2777 (+28.07%).

2015 Avg (March) 101.6344

2014 Avg (March) 79.3567

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	98.3088	91.2390	94.6331
February	98.3772	96.0245	96.9931
March	104.5097	98.2532	101.6344
April	103.6829	99.0196	101.8337
May	101.2044	96.2525	98.5819
June	100.5899	96.9690	98.3247
July	101.8368	98.8253	100.2361
August	101.2561	95.0582	99.0102
September	99.1618	96.5685	98.1318
October	100.9111	96.0994	98.3156
November	104.3236	100.0517	102.8059
December	103.9234	100.0521	101.1157