YEARLY HIGH
0.0190 AZN
YEARLY LOW
0.0160 AZN
YEARLY AVERAGE
0.0176 AZN

2017 CVE to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.0190. Conversely, the yearly low was recorded on April 11, dropping to 0.0160.

This high-to-low spread represents a total annual volatility of 0.0031 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0178 to the December average rate of 0.0182, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0190 was up 8.89% compared to the 2016 peak of 0.0175, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 95 AZN
2016 Average 80 AZN
Yearly Trough Low 80 AZN
Transaction Impact: A difference of 15.27 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0185
0.0161
JanuMarcMayJulySeptNove

CVE to AZN 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 0.0171, compared to 0.0180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0171
H2 Avg (Jul–Dec) 0.0180

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.0021 AZN (High: 0.0190 / Low: 0.0169). On the other end, October was the most stable month, with a tight range of 0.0004 AZN (High: 0.0182 / Low: 0.0178).

February Spread (Volatile) ±0.0021
October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0178) against the same month in 2016 (average: 0.0156), the exchange rate shifted by +0.0022 (+14.31%).

2017 Avg (January) 0.0178
2016 Avg (January) 0.0156

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0190 0.0171 0.0178
February 0.0190 0.0169 0.0176
March 0.0171 0.0165 0.0168
April 0.0168 0.0160 0.0163
May 0.0172 0.0165 0.0168
June 0.0175 0.0170 0.0172
July 0.0180 0.0173 0.0176
August 0.0185 0.0179 0.0181
September 0.0185 0.0180 0.0183
October 0.0182 0.0178 0.0180
November 0.0183 0.0178 0.0180
December 0.0184 0.0180 0.0182