YEARLY HIGH
0.0852 CVE
YEARLY LOW
0.0751 CVE
YEARLY AVERAGE
0.0808 CVE

2016 MMK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 0.0852. Conversely, the yearly low was recorded on December 28, dropping to 0.0751.

This high-to-low spread represents a total annual volatility of 0.0101 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0781 to the December average rate of 0.0775, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0852 was down 15.61% compared to the 2015 peak of 0.1010, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 426 CVE
2015 Average 450 CVE
Yearly Trough Low 375 CVE
Transaction Impact: A difference of 50.53 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0852
0.0768
JanuMarcMayJulySeptNove

MMK 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 0.0812, compared to 0.0803 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0812
H2 Avg (Jul–Dec) 0.0803

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0045 CVE (High: 0.0844 / Low: 0.0799). On the other end, January was the most stable month, with a tight range of 0.0011 CVE (High: 0.0786 / Low: 0.0775).

April Spread (Volatile) ±0.0045
January Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0024 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0845) against the same month in 2015 (average: 0.0915), the exchange rate shifted by -0.0070 (-7.65%).

2016 Avg (July) 0.0845
2015 Avg (July) 0.0915

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0786 0.0775 0.0781
February 0.0818 0.0778 0.0798
March 0.0826 0.0805 0.0816
April 0.0844 0.0799 0.0823
May 0.0840 0.0818 0.0830
June 0.0849 0.0811 0.0827
July 0.0852 0.0835 0.0845
August 0.0839 0.0810 0.0825
September 0.0822 0.0781 0.0800
October 0.0798 0.0775 0.0785
November 0.0798 0.0773 0.0787
December 0.0789 0.0751 0.0775