YEARLY HIGH
0.0135 CVE
YEARLY LOW
0.0107 CVE
YEARLY AVERAGE
0.0120 CVE

2016 GNF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GNF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0135. Conversely, the yearly low was recorded on September 15, dropping to 0.0107.

This high-to-low spread represents a total annual volatility of 0.0027 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0131 to the December average rate of 0.0113, the exchange rate registered a net change of -14.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0135 was down 7.73% compared to the 2015 peak of 0.0146, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67 CVE
2015 Average 68 CVE
Yearly Trough Low 54 CVE
Transaction Impact: A difference of 13.63 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0134
0.0106
JanuMarcMayJulySeptNove

GNF 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 0.0130, compared to 0.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0130
H2 Avg (Jul–Dec) 0.0111

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0024 CVE (High: 0.0135 / Low: 0.0111). On the other end, September was the most stable month, with a tight range of 0.0002 CVE (High: 0.0110 / Low: 0.0107).

June Spread (Volatile) ±0.0024
September Spread (Stable) ±0.0002

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 June and July, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0127) against the same month in 2015 (average: 0.0134), the exchange rate shifted by -0.0006 (-4.81%).

2016 Avg (June) 0.0127
2015 Avg (June) 0.0134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0133 0.0130 0.0131
February 0.0133 0.0127 0.0129
March 0.0133 0.0128 0.0130
April 0.0130 0.0127 0.0128
May 0.0135 0.0127 0.0132
June 0.0135 0.0111 0.0127
July 0.0113 0.0110 0.0111
August 0.0111 0.0108 0.0109
September 0.0110 0.0107 0.0108
October 0.0112 0.0107 0.0110
November 0.0115 0.0108 0.0112
December 0.0115 0.0109 0.0113