YEARLY HIGH
29.2798 CVE
YEARLY LOW
26.2759 CVE
YEARLY AVERAGE
27.3693 CVE

2016 QAR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the QAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 29.2798. Conversely, the yearly low was recorded on May 4, dropping to 26.2759.

This high-to-low spread represents a total annual volatility of 3.0038 CVE. From a start-to-finish perspective, comparing the January average rate of 27.8676 to the December average rate of 28.7356, the exchange rate registered a net change of 3.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 29.2798 was up 2.02% compared to the 2015 peak of 28.6994, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146,399 CVE
2015 Average 136,374 CVE
Yearly Trough Low 131,380 CVE
Transaction Impact: A difference of 15,019.12 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

28.9371
26.5184
JanuMarcMayJulySeptNove

QAR 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 27.1380, compared to 27.6007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4626 points.

H1 Avg (Jan–Jun) 27.1380
H2 Avg (Jul–Dec) 27.6007

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.4159 CVE (High: 28.6510 / Low: 27.2351). On the other end, September was the most stable month, with a tight range of 0.2583 CVE (High: 27.1311 / Low: 26.8728).

November Spread (Volatile) ±1.4159
September Spread (Stable) ±0.2583

Growth Streaks & Declines

Trends

Between April and July, 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 0.5728 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5728

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 28.7356) against the same month in 2015 (average: 27.7730), the exchange rate shifted by +0.9626 (+3.47%).

2016 Avg (December) 28.7356
2015 Avg (December) 27.7730

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.1565 27.6986 27.8676
February 27.8662 26.8237 27.2948
March 27.8848 26.7500 27.2428
April 26.9583 26.5002 26.7200
May 27.1897 26.2759 26.7365
June 27.4880 26.5658 26.9666
July 27.5606 27.1226 27.3451
August 27.3234 26.7167 27.0182
September 27.1311 26.8728 27.0128
October 27.8348 26.9326 27.4359
November 28.6510 27.2351 28.0564
December 29.2798 28.1478 28.7356