2016 ZWL to CVE Historical Review

YEARLY HIGH

106.6120 CVE

YEARLY LOW

95.6580 CVE

YEARLY AVERAGE

99.6584 CVE

2016 ZWL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZWL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 106.6120. Conversely, the yearly low was recorded on May 4, dropping to 95.6580.

This high-to-low spread represents a total annual volatility of 10.9540 CVE. From a start-to-finish perspective, comparing the January average rate of 101.4811 to the December average rate of 104.6415, 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 106.6120 was up 2.01% compared to the 2015 peak of 104.5097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 533,060 CVE

2015 Average 496,548 CVE

Yearly Trough Low 478,290 CVE

Transaction Impact: A difference of 54,770.17 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

105.3765

96.5567

JanuMarcMayJulySeptNove

ZWL 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 98.8137, compared to 100.5030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6894 points.

H1 Avg (Jan–Jun) 98.8137

H2 Avg (Jul–Dec) 100.5030

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 5.0772 CVE (High: 104.3237 / Low: 99.2465). On the other end, September was the most stable month, with a tight range of 0.9388 CVE (High: 98.7873 / Low: 97.8485).

November Spread (Volatile) ±5.0772

September Spread (Stable) ±0.9388

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 2.0889 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.0889

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 104.6415) against the same month in 2015 (average: 101.1157), the exchange rate shifted by +3.5258 (+3.49%).

2016 Avg (December) 104.6415

2015 Avg (December) 101.1157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	102.5495	100.8720	101.4811
February	101.4267	97.6607	99.3922
March	101.5428	97.3982	99.2060
April	98.1747	96.4914	97.2917
May	98.9863	95.6580	97.3382
June	100.0894	96.6823	98.1729
July	100.3667	98.7759	99.5735
August	99.4945	97.2579	98.3734
September	98.7873	97.8485	98.3617
October	101.3500	98.0817	99.9072
November	104.3237	99.2465	102.1609
December	106.6120	102.4975	104.6415