YEARLY HIGH
0.0763 BOB
YEARLY LOW
0.0654 BOB
YEARLY AVERAGE
0.0709 BOB

2017 CVE to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.0763. Conversely, the yearly low was recorded on January 4, dropping to 0.0654.

This high-to-low spread represents a total annual volatility of 0.0109 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0666 to the December average rate of 0.0740, the exchange rate registered a net change of 11.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0763 was up 5.62% compared to the 2016 peak of 0.0722, 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 382 BOB
2016 Average 346 BOB
Yearly Trough Low 327 BOB
Transaction Impact: A difference of 54.36 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0760
0.0657
JanuMarcMayJulySeptNove

CVE to BOB 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 0.0678, compared to 0.0739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.0678
H2 Avg (Jul–Dec) 0.0739

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0029 BOB (High: 0.0739 / Low: 0.0710). On the other end, June was the most stable month, with a tight range of 0.0017 BOB (High: 0.0717 / Low: 0.0700).

July Spread (Volatile) ±0.0029
June Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0016 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.0752) against the same month in 2016 (average: 0.0703), the exchange rate shifted by +0.0049 (+6.92%).

2017 Avg (September) 0.0752
2016 Avg (September) 0.0703

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0674 0.0654 0.0666
February 0.0676 0.0658 0.0666
March 0.0681 0.0656 0.0669
April 0.0688 0.0664 0.0672
May 0.0706 0.0681 0.0694
June 0.0717 0.0700 0.0704
July 0.0739 0.0710 0.0725
August 0.0762 0.0736 0.0744
September 0.0763 0.0738 0.0752
October 0.0748 0.0726 0.0736
November 0.0752 0.0725 0.0736
December 0.0751 0.0729 0.0740