2016 ETB to CVE Historical Review

YEARLY HIGH

4.8358 CVE

YEARLY LOW

4.4063 CVE

YEARLY AVERAGE

4.5647 CVE

2016 ETB to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 4.8358. Conversely, the yearly low was recorded on August 19, dropping to 4.4063.

This high-to-low spread represents a total annual volatility of 0.4296 CVE. From a start-to-finish perspective, comparing the January average rate of 4.7767 to the December average rate of 4.6722, the exchange rate registered a net change of -2.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 4.8358 was down 5.55% compared to the 2015 peak of 5.1198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,179 CVE

2015 Average 24,004 CVE

Yearly Trough Low 22,031 CVE

Transaction Impact: A difference of 2,147.76 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4.8094

4.4171

JanuMarcMayJulySeptNove

ETB 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 4.5970, compared to 4.5324 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0645 points.

H1 Avg (Jan–Jun) 4.5970

H2 Avg (Jul–Dec) 4.5324

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.2264 CVE (High: 4.7933 / Low: 4.5668). On the other end, September was the most stable month, with a tight range of 0.0499 CVE (High: 4.4780 / Low: 4.4281).

December Spread (Volatile) ±0.2264

September Spread (Stable) ±0.0499

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.1256 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 4.7767) against the same month in 2015 (average: 4.6736), the exchange rate shifted by +0.1031 (+2.21%).

2016 Avg (January) 4.7767

2015 Avg (January) 4.6736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.8358	4.7492	4.7767
February	4.7609	4.5880	4.6627
March	4.7515	4.5300	4.6388
April	4.5497	4.4649	4.5132
May	4.5465	4.4321	4.4886
June	4.5717	4.4464	4.5018
July	4.5617	4.4832	4.5357
August	4.5240	4.4063	4.4586
September	4.4780	4.4281	4.4498
October	4.5772	4.4206	4.5009
November	4.6729	4.4503	4.5773
December	4.7933	4.5668	4.6722