YEARLY HIGH
15.2838 CVE
YEARLY LOW
13.1061 CVE
YEARLY AVERAGE
14.1441 CVE

2017 BOB to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BOB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 15.2838. Conversely, the yearly low was recorded on September 20, dropping to 13.1061.

This high-to-low spread represents a total annual volatility of 2.1777 CVE. From a start-to-finish perspective, comparing the January average rate of 15.0198 to the December average rate of 13.5170, the exchange rate registered a net change of -10.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 15.2838 was down 1.06% compared to the 2016 peak of 15.4473, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,419 CVE
2016 Average 72,238 CVE
Yearly Trough Low 65,530 CVE
Transaction Impact: A difference of 10,888.75 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

15.1921
13.1290
JanuMarcMayJulySeptNove

BOB 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 14.7491, compared to 13.5390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2101 points.

H1 Avg (Jan–Jun) 14.7491
H2 Avg (Jul–Dec) 13.5390

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.5564 CVE (High: 14.0848 / Low: 13.5284). On the other end, June was the most stable month, with a tight range of 0.3406 CVE (High: 14.2844 / Low: 13.9438).

July Spread (Volatile) ±0.5564
June Spread (Stable) ±0.3406

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 0.4775 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4775

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 15.0198) against the same month in 2016 (average: 14.6910), the exchange rate shifted by +0.3288 (+2.24%).

2017 Avg (January) 15.0198
2016 Avg (January) 14.6910

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.2838 14.8321 15.0198
February 15.2024 14.7845 15.0202
March 15.2372 14.6817 14.9475
April 15.0617 14.5405 14.8924
May 14.6859 14.1719 14.4150
June 14.2844 13.9438 14.1998
July 14.0848 13.5284 13.7960
August 13.5847 13.1208 13.4424
September 13.5534 13.1061 13.3010
October 13.7690 13.3720 13.5934
November 13.7984 13.2932 13.5843
December 13.7190 13.3143 13.5170