2016 SEK to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
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.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |