YEARLY HIGH
12.0708 CVE
YEARLY LOW
11.0611 CVE
YEARLY AVERAGE
11.6501 CVE

2016 SEK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SEK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 12.0708. Conversely, the yearly low was recorded on November 7, dropping to 11.0611.

This high-to-low spread represents a total annual volatility of 1.0097 CVE. From a start-to-finish perspective, comparing the January average rate of 11.8836 to the December average rate of 11.3575, the exchange rate registered a net change of -4.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 12.0708 was down 0.03% compared to the 2015 peak of 12.0749, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,354 CVE
2015 Average 58,862 CVE
Yearly Trough Low 55,305 CVE
Transaction Impact: A difference of 5,048.63 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

12.0516
11.1096
JanuMarcMayJulySeptNove

SEK 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 11.8571, compared to 11.4431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4140 points.

H1 Avg (Jan–Jun) 11.8571
H2 Avg (Jul–Dec) 11.4431

Volatility Range Comparison

Volatility

The most volatile month in 2016 was December, with a trading range of 0.4909 CVE (High: 11.6549 / Low: 11.1640). On the other end, August was the most stable month, with a tight range of 0.1773 CVE (High: 11.6949 / Low: 11.5176).

December Spread (Volatile) ±0.4909
August Spread (Stable) ±0.1773

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 June and July, when the average rate fell by 0.2015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 11.8339) against the same month in 2015 (average: 11.8129), the exchange rate shifted by +0.0209 (+0.18%).

2016 Avg (May) 11.8339
2015 Avg (May) 11.8129

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.0400 11.7754 11.8836
February 11.8761 11.5986 11.7311
March 12.0184 11.7849 11.8901
April 12.0575 11.8458 11.9731
May 12.0708 11.6846 11.8339
June 12.0166 11.6713 11.8309
July 11.7437 11.5372 11.6294
August 11.6949 11.5176 11.6117
September 11.6285 11.4444 11.5226
October 11.4615 11.1236 11.3495
November 11.3096 11.0611 11.1881
December 11.6549 11.1640 11.3575