YEARLY HIGH
74.8992 CVE
YEARLY LOW
64.7365 CVE
YEARLY AVERAGE
69.4715 CVE

2016 NZD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 74.8992. Conversely, the yearly low was recorded on January 19, dropping to 64.7365.

This high-to-low spread represents a total annual volatility of 10.1627 CVE. From a start-to-finish perspective, comparing the January average rate of 66.4283 to the December average rate of 73.5025, the exchange rate registered a net change of 10.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 74.8992 was down 5.21% compared to the 2015 peak of 79.0154, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 374,496 CVE
2015 Average 347,492 CVE
Yearly Trough Low 323,683 CVE
Transaction Impact: A difference of 50,813.42 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

74.2571
65.2017
JanuMarcMayJulySeptNove

NZD 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 66.9420, compared to 72.0011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0591 points.

H1 Avg (Jan–Jun) 66.9420
H2 Avg (Jul–Dec) 72.0011

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 4.8109 CVE (High: 69.5474 / Low: 64.7365). On the other end, August was the most stable month, with a tight range of 1.4323 CVE (High: 72.0521 / Low: 70.6198).

January Spread (Volatile) ±4.8109
August Spread (Stable) ±1.4323

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.8853 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8853

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 73.5025) against the same month in 2015 (average: 68.3117), the exchange rate shifted by +5.1908 (+7.60%).

2016 Avg (December) 73.5025
2015 Avg (December) 68.3117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 69.5474 64.7365 66.4283
February 67.4430 64.7959 65.9563
March 68.7286 65.7040 66.9387
April 68.6042 65.7954 67.0248
May 67.6675 65.3512 66.1394
June 71.1949 67.1633 69.1645
July 72.8265 69.6866 71.0939
August 72.0521 70.6198 71.0735
September 73.2977 71.0316 71.8473
October 72.6371 70.1678 71.5378
November 74.0999 72.0772 72.9515
December 74.8992 71.2101 73.5025