YEARLY HIGH
0.0632 CVE
YEARLY LOW
0.0524 CVE
YEARLY AVERAGE
0.0570 CVE

2017 BIF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BIF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0632. Conversely, the yearly low was recorded on December 31, dropping to 0.0524.

This high-to-low spread represents a total annual volatility of 0.0108 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0619 to the December average rate of 0.0531, the exchange rate registered a net change of -14.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0632 was down 3.94% compared to the 2016 peak of 0.0658, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 316 CVE
2016 Average 308 CVE
Yearly Trough Low 262 CVE
Transaction Impact: A difference of 53.79 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0627
0.0523
JanuMarcMayJulySeptNove

BIF 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 0.0602, compared to 0.0538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.0602
H2 Avg (Jul–Dec) 0.0538

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0029 CVE (High: 0.0571 / Low: 0.0542). On the other end, December was the most stable month, with a tight range of 0.0012 CVE (High: 0.0536 / Low: 0.0524).

July Spread (Volatile) ±0.0029
December Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0619) against the same month in 2016 (average: 0.0650), the exchange rate shifted by -0.0031 (-4.81%).

2017 Avg (January) 0.0619
2016 Avg (January) 0.0650

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0632 0.0605 0.0619
February 0.0619 0.0602 0.0614
March 0.0624 0.0596 0.0610
April 0.0615 0.0596 0.0609
May 0.0601 0.0574 0.0588
June 0.0575 0.0561 0.0572
July 0.0571 0.0542 0.0556
August 0.0545 0.0529 0.0538
September 0.0540 0.0526 0.0532
October 0.0544 0.0531 0.0536
November 0.0544 0.0529 0.0537
December 0.0536 0.0524 0.0531