YEARLY HIGH
0.0939 CVE
YEARLY LOW
0.0818 CVE
YEARLY AVERAGE
0.0875 CVE

2016 IQD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the IQD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.0939. Conversely, the yearly low was recorded on June 8, dropping to 0.0818.

This high-to-low spread represents a total annual volatility of 0.0120 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0929 to the December average rate of 0.0890, the exchange rate registered a net change of -4.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0939 was down 3.06% compared to the 2015 peak of 0.0968, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 469 CVE
2015 Average 427 CVE
Yearly Trough Low 409 CVE
Transaction Impact: A difference of 60.18 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0939
0.0828
JanuMarcMayJulySeptNove

IQD 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 0.0889, compared to 0.0862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0889
H2 Avg (Jul–Dec) 0.0862

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0048 CVE (High: 0.0877 / Low: 0.0829). On the other end, September was the most stable month, with a tight range of 0.0010 CVE (High: 0.0850 / Low: 0.0840).

May Spread (Volatile) ±0.0048
September Spread (Stable) ±0.0010

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 April and May, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0929) against the same month in 2015 (average: 0.0809), the exchange rate shifted by +0.0120 (+14.87%).

2016 Avg (January) 0.0929
2015 Avg (January) 0.0809

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0939 0.0917 0.0929
February 0.0932 0.0897 0.0913
March 0.0933 0.0895 0.0911
April 0.0899 0.0871 0.0888
May 0.0877 0.0829 0.0858
June 0.0859 0.0818 0.0837
July 0.0858 0.0846 0.0852
August 0.0853 0.0835 0.0844
September 0.0850 0.0840 0.0844
October 0.0870 0.0844 0.0859
November 0.0901 0.0855 0.0880
December 0.0905 0.0872 0.0890