YEARLY HIGH
6.9273 CVE
YEARLY LOW
6.2359 CVE
YEARLY AVERAGE
6.5282 CVE

2016 MVR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MVR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 6.9273. Conversely, the yearly low was recorded on May 4, dropping to 6.2359.

This high-to-low spread represents a total annual volatility of 0.6915 CVE. From a start-to-finish perspective, comparing the January average rate of 6.6296 to the December average rate of 6.8305, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 6.9273 was up 1.17% compared to the 2015 peak of 6.8469, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,637 CVE
2015 Average 32,476 CVE
Yearly Trough Low 31,179 CVE
Transaction Impact: A difference of 3,457.39 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

6.8769
6.3194
JanuMarcMayJulySeptNove

MVR 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 6.4661, compared to 6.5903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1242 points.

H1 Avg (Jan–Jun) 6.4661
H2 Avg (Jul–Dec) 6.5903

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.3406 CVE (High: 6.8415 / Low: 6.5009). On the other end, September was the most stable month, with a tight range of 0.0806 CVE (High: 6.4871 / Low: 6.4065).

November Spread (Volatile) ±0.3406
September Spread (Stable) ±0.0806

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 0.1322 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1322

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 6.8305) against the same month in 2015 (average: 6.6007), the exchange rate shifted by +0.2298 (+3.48%).

2016 Avg (December) 6.8305
2015 Avg (December) 6.6007

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.6980 6.5944 6.6296
February 6.6507 6.3743 6.4975
March 6.6350 6.3714 6.5000
April 6.4537 6.2943 6.3779
May 6.4881 6.2359 6.3658
June 6.6144 6.3398 6.4259
July 6.6176 6.4842 6.5574
August 6.5782 6.3949 6.4782
September 6.4871 6.4065 6.4455
October 6.6413 6.4246 6.5448
November 6.8415 6.5009 6.6857
December 6.9273 6.7063 6.8305