YEARLY HIGH
1.5940 CVE
YEARLY LOW
1.3265 CVE
YEARLY AVERAGE
1.4452 CVE

2017 AFN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the AFN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 1.5940. Conversely, the yearly low was recorded on December 31, dropping to 1.3265.

This high-to-low spread represents a total annual volatility of 0.2676 CVE. From a start-to-finish perspective, comparing the January average rate of 1.5572 to the December average rate of 1.3498, the exchange rate registered a net change of -13.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5940 was down 0.85% compared to the 2016 peak of 1.6076, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,970 CVE
2016 Average 7,355 CVE
Yearly Trough Low 6,632 CVE
Transaction Impact: A difference of 1,337.77 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5779
1.3290
JanuMarcMayJulySeptNove

AFN 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 1.5194, compared to 1.3711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1483 points.

H1 Avg (Jan–Jun) 1.5194
H2 Avg (Jul–Dec) 1.3711

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0639 CVE (High: 1.5599 / Low: 1.4960). On the other end, October was the most stable month, with a tight range of 0.0289 CVE (High: 1.3968 / Low: 1.3679).

April Spread (Volatile) ±0.0639
October Spread (Stable) ±0.0289

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0595 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.5572) against the same month in 2016 (average: 1.4796), the exchange rate shifted by +0.0776 (+5.25%).

2017 Avg (January) 1.5572
2016 Avg (January) 1.4796

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5940 1.5327 1.5572
February 1.5696 1.5336 1.5558
March 1.5750 1.5277 1.5517
April 1.5599 1.4960 1.5319
May 1.5002 1.4424 1.4724
June 1.4575 1.4253 1.4472
July 1.4328 1.3796 1.4052
August 1.3770 1.3448 1.3671
September 1.3733 1.3397 1.3544
October 1.3968 1.3679 1.3763
November 1.3940 1.3490 1.3738
December 1.3648 1.3265 1.3498