YEARLY HIGH
150.5160 CVE
YEARLY LOW
121.5103 CVE
YEARLY AVERAGE
134.9882 CVE

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.

Transfer Payout Power Comparison

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

Yearly Peak High 752,580 CVE
2015 Average 758,815 CVE
Yearly Trough Low 607,551 CVE
Transaction Impact: A difference of 145,028.47 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

148.4692
121.0886
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 141.6178
H2 Avg (Jul–Dec) 128.3586

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±13.8677
March Spread (Stable) ±4.4266

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -8.4514

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2016 Avg (January) 146.1875
2015 Avg (January) 143.4295

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