YEARLY HIGH
74.7835 CVE
YEARLY LOW
68.0733 CVE
YEARLY AVERAGE
71.0301 CVE

2017 BND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 74.7835. Conversely, the yearly low was recorded on August 29, dropping to 68.0733.

This high-to-low spread represents a total annual volatility of 6.7102 CVE. From a start-to-finish perspective, comparing the January average rate of 72.7070 to the December average rate of 69.4156, the exchange rate registered a net change of -4.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 74.7835 was up 0.82% compared to the 2016 peak of 74.1759, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 373,917 CVE
2016 Average 360,982 CVE
Yearly Trough Low 340,366 CVE
Transaction Impact: A difference of 33,550.84 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

74.3376
68.2687
JanuMarcMayJulySeptNove

BND 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 72.7884, compared to 69.2719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5165 points.

H1 Avg (Jan–Jun) 72.7884
H2 Avg (Jul–Dec) 69.2719

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 2.1093 CVE (High: 74.7835 / Low: 72.6741). On the other end, September was the most stable month, with a tight range of 0.7186 CVE (High: 69.2213 / Low: 68.5027).

February Spread (Volatile) ±2.1093
September Spread (Stable) ±0.7186

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 2.0454 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.0454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 73.5201) against the same month in 2016 (average: 70.7764), the exchange rate shifted by +2.7437 (+3.88%).

2017 Avg (February) 73.5201
2016 Avg (February) 70.7764

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 73.7152 71.8266 72.7070
February 74.7835 72.6741 73.5201
March 74.5883 73.0476 73.6474
April 74.5031 72.4145 73.8318
May 72.7134 71.0595 71.7864
June 71.8379 70.1266 71.2375
July 70.6460 68.9500 69.9541
August 69.0847 68.0733 68.7744
September 69.2213 68.5027 68.8184
October 69.8695 68.6196 69.0888
November 70.1445 68.8832 69.5800
December 69.8124 68.9340 69.4156