2016 PEN to CVE Historical Review

YEARLY HIGH

31.4939 CVE

YEARLY LOW

27.8362 CVE

YEARLY AVERAGE

29.5373 CVE

2016 PEN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PEN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 31.4939. Conversely, the yearly low was recorded on February 11, dropping to 27.8362.

This high-to-low spread represents a total annual volatility of 3.6577 CVE. From a start-to-finish perspective, comparing the January average rate of 29.5387 to the December average rate of 30.8066, the exchange rate registered a net change of 4.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 31.4939 was down 6.50% compared to the 2015 peak of 33.6841, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 157,469 CVE

2015 Average 156,096 CVE

Yearly Trough Low 139,181 CVE

Transaction Impact: A difference of 18,288.65 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

31.0517

28.1105

JanuMarcMayJulySeptNove

PEN 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 29.2200, compared to 29.8545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6345 points.

H1 Avg (Jan–Jun) 29.2200

H2 Avg (Jul–Dec) 29.8545

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 1.4099 CVE (High: 31.4939 / Low: 30.0840). On the other end, September was the most stable month, with a tight range of 0.4440 CVE (High: 29.3377 / Low: 28.8936).

December Spread (Volatile) ±1.4099

September Spread (Stable) ±0.4440

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 1.1832 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.1832

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 30.8066) against the same month in 2015 (average: 29.9396), the exchange rate shifted by +0.8671 (+2.90%).

2016 Avg (December) 30.8066

2015 Avg (December) 29.9396

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.0436	29.2424	29.5387
February	29.1510	27.8362	28.3556
March	29.6782	28.7950	29.1435
April	30.0374	28.6883	29.4637
May	29.5793	28.8120	29.2238
June	30.4161	29.1609	29.5948
July	30.4193	29.4967	30.1386
August	30.0089	29.0979	29.5219
September	29.3377	28.8936	29.1100
October	30.1665	28.9349	29.5162
November	30.7573	29.3485	30.0339
December	31.4939	30.0840	30.8066