YEARLY HIGH
13.7290 CVE
YEARLY LOW
12.3238 CVE
YEARLY AVERAGE
12.8387 CVE

2016 HKD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 13.7290. Conversely, the yearly low was recorded on May 4, dropping to 12.3238.

This high-to-low spread represents a total annual volatility of 1.4053 CVE. From a start-to-finish perspective, comparing the January average rate of 13.0442 to the December average rate of 13.4866, the exchange rate registered a net change of 3.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 13.7290 was up 2.03% compared to the 2015 peak of 13.4559, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 343,225 CVE
2015 Average 320,253 CVE
Yearly Trough Low 308,094 CVE
Transaction Impact: A difference of 35,131.27 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

13.5816
12.4417
JanuMarcMayJulySeptNove

HKD 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 12.7208, compared to 12.9565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2356 points.

H1 Avg (Jan–Jun) 12.7208
H2 Avg (Jul–Dec) 12.9565

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.6539 CVE (High: 13.4503 / Low: 12.7964). On the other end, September was the most stable month, with a tight range of 0.1202 CVE (High: 12.7349 / Low: 12.6147).

November Spread (Volatile) ±0.6539
September Spread (Stable) ±0.1202

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 January and February, when the average rate fell by 0.2742 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2742

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 13.4866) against the same month in 2015 (average: 13.0458), the exchange rate shifted by +0.4408 (+3.38%).

2016 Avg (December) 13.4866
2015 Avg (December) 13.0458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.2298 12.9463 13.0442
February 13.0382 12.5342 12.7700
March 13.0623 12.5578 12.7837
April 12.6576 12.4418 12.5434
May 12.7387 12.3238 12.5367
June 12.8998 12.4564 12.6471
July 12.9392 12.7318 12.8367
August 12.8271 12.5440 12.6838
September 12.7349 12.6147 12.6811
October 13.0638 12.6469 12.8793
November 13.4503 12.7964 13.1712
December 13.7290 13.2156 13.4866