2016 HNL to CVE Historical Review

YEARLY HIGH

4.5898 CVE

YEARLY LOW

4.2382 CVE

YEARLY AVERAGE

4.3778 CVE

2016 HNL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 4.5898. Conversely, the yearly low was recorded on May 4, dropping to 4.2382.

This high-to-low spread represents a total annual volatility of 0.3516 CVE. From a start-to-finish perspective, comparing the January average rate of 4.5242 to the December average rate of 4.4858, the exchange rate registered a net change of -0.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 4.5898 was down 6.34% compared to the 2015 peak of 4.9004, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,949 CVE

2015 Average 22,887 CVE

Yearly Trough Low 21,191 CVE

Transaction Impact: A difference of 1,757.87 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

4.5462

4.2819

JanuMarcMayJulySeptNove

HNL 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 4.3770, compared to 4.3787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 4.3770

H2 Avg (Jul–Dec) 4.3787

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.1855 CVE (High: 4.5122 / Low: 4.3266). On the other end, September was the most stable month, with a tight range of 0.0546 CVE (High: 4.3342 / Low: 4.2796).

February Spread (Volatile) ±0.1855

September Spread (Stable) ±0.0546

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1208 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 4.5242) against the same month in 2015 (average: 4.4929), the exchange rate shifted by +0.0313 (+0.70%).

2016 Avg (January) 4.5242

2015 Avg (January) 4.4929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.5898	4.5006	4.5242
February	4.5122	4.3266	4.4034
March	4.4860	4.3119	4.3887
April	4.3508	4.2759	4.3105
May	4.3719	4.2382	4.3093
June	4.4006	4.2606	4.3257
July	4.4044	4.3465	4.3717
August	4.3535	4.2538	4.3039
September	4.3342	4.2796	4.3051
October	4.4438	4.2864	4.3709
November	4.5067	4.3261	4.4346
December	4.5511	4.4026	4.4858