YEARLY HIGH
97.7749 GNF
YEARLY LOW
87.1265 GNF
YEARLY AVERAGE
93.1268 GNF

2017 CVE to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 97.7749. Conversely, the yearly low was recorded on April 18, dropping to 87.1265.

This high-to-low spread represents a total annual volatility of 10.6484 GNF. From a start-to-finish perspective, comparing the January average rate of 90.1275 to the December average rate of 96.5138, the exchange rate registered a net change of 7.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 97.7749 was up 4.96% compared to the 2016 peak of 93.1541, 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 488,875 GNF
2016 Average 419,568 GNF
Yearly Trough Low 435,633 GNF
Transaction Impact: A difference of 53,242.18 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

97.2584
89.0905
JanuMarcMayJulySeptNove

CVE to GNF 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 90.6433, compared to 95.6103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.9670 points.

H1 Avg (Jan–Jun) 90.6433
H2 Avg (Jul–Dec) 95.6103

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 4.9750 GNF (High: 92.1015 / Low: 87.1265). On the other end, October was the most stable month, with a tight range of 1.9427 GNF (High: 96.4628 / Low: 94.5201).

April Spread (Volatile) ±4.9750
October Spread (Stable) ±1.9427

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 September and October, when the average rate fell by 1.0297 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.0297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 96.5138) against the same month in 2016 (average: 88.6854), the exchange rate shifted by +7.8285 (+8.83%).

2017 Avg (December) 96.5138
2016 Avg (December) 88.6854

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 91.5722 88.2986 90.1275
February 91.3567 88.1453 90.2068
March 92.1194 87.9828 90.1456
April 92.1015 87.1265 89.7711
May 92.8999 89.2757 91.5777
June 93.7364 90.5279 92.0308
July 96.1326 92.8314 93.9390
August 97.4470 94.4576 95.4665
September 97.7275 95.1227 96.5777
October 96.4628 94.5201 95.5480
November 97.2265 94.4168 95.6165
December 97.7749 95.7062 96.5138