2016 SHP to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SHP to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SHP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 150.5160. Conversely, the yearly low was recorded on October 11, dropping to 121.5103.
This high-to-low spread represents a total annual volatility of 29.0057 CVE. From a start-to-finish perspective, comparing the January average rate of 146.1875 to the December average rate of 130.5409, the exchange rate registered a net change of -10.70% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 150.5160 was down 5.26% compared to the 2015 peak of 158.8742, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SHP 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 141.6178, compared to 128.3586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.2592 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 13.8677 CVE (High: 145.8206 / Low: 131.9529). On the other end, March was the most stable month, with a tight range of 4.4266 CVE (High: 143.5344 / Low: 139.1078).
Growth Streaks & Declines
TrendsBetween October and December, 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 8.4514 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 146.1875) against the same month in 2015 (average: 143.4295), the exchange rate shifted by +2.7580 (+1.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 150.5160 | 143.2658 | 146.1875 |
| February | 146.4238 | 139.3992 | 142.2154 |
| March | 143.5344 | 139.1078 | 141.5025 |
| April | 142.6034 | 136.4028 | 139.1591 |
| May | 145.1221 | 138.7079 | 141.2247 |
| June | 145.8206 | 131.9529 | 139.4177 |
| July | 132.5895 | 128.1109 | 130.9663 |
| August | 131.6535 | 127.1368 | 128.7679 |
| September | 132.1996 | 127.1838 | 129.3151 |
| October | 127.5259 | 121.5103 | 123.3703 |
| November | 130.3398 | 122.6677 | 127.1911 |
| December | 132.2940 | 125.6663 | 130.5409 |