YEARLY HIGH
1.0180 CVE
YEARLY LOW
0.9139 CVE
YEARLY AVERAGE
0.9517 CVE

2016 PKR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 1.0180. Conversely, the yearly low was recorded on May 4, dropping to 0.9139.

This high-to-low spread represents a total annual volatility of 0.1042 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9674 to the December average rate of 0.9986, the exchange rate registered a net change of 3.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0180 was down 0.85% compared to the 2015 peak of 1.0268, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 509,023 CVE
2015 Average 483,321 CVE
Yearly Trough Low 456,930 CVE
Transaction Impact: A difference of 52,092.74 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0055
0.9220
JanuMarcMayJulySeptNove

PKR 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 0.9437, compared to 0.9598 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.9437
H2 Avg (Jul–Dec) 0.9598

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0464 CVE (High: 0.9947 / Low: 0.9483). On the other end, September was the most stable month, with a tight range of 0.0085 CVE (High: 0.9447 / Low: 0.9362).

November Spread (Volatile) ±0.0464
September Spread (Stable) ±0.0085

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 March and April, when the average rate fell by 0.0188 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 0.9986) against the same month in 2015 (average: 0.9652), the exchange rate shifted by +0.0333 (+3.45%).

2016 Avg (December) 0.9986
2015 Avg (December) 0.9652

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9773 0.9623 0.9674
February 0.9669 0.9336 0.9499
March 0.9694 0.9297 0.9478
April 0.9372 0.9211 0.9290
May 0.9437 0.9139 0.9293
June 0.9559 0.9249 0.9386
July 0.9578 0.9437 0.9502
August 0.9510 0.9293 0.9397
September 0.9447 0.9362 0.9409
October 0.9672 0.9393 0.9547
November 0.9947 0.9483 0.9745
December 1.0180 0.9792 0.9986