YEARLY HIGH
0.0850 HKD
YEARLY LOW
0.0736 HKD
YEARLY AVERAGE
0.0796 HKD

2017 CVE to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.0850. Conversely, the yearly low was recorded on January 5, dropping to 0.0736.

This high-to-low spread represents a total annual volatility of 0.0114 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0746 to the December average rate of 0.0836, the exchange rate registered a net change of 12.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0850 was up 4.76% compared to the 2016 peak of 0.0811, 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 425 HKD
2016 Average 390 HKD
Yearly Trough Low 368 HKD
Transaction Impact: A difference of 56.99 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0851
0.0737
JanuMarcMayJulySeptNove

CVE to HKD 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 0.0761, compared to 0.0831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.0761
H2 Avg (Jul–Dec) 0.0831

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0036 HKD (High: 0.0835 / Low: 0.0799). On the other end, February was the most stable month, with a tight range of 0.0017 HKD (High: 0.0757 / Low: 0.0740).

July Spread (Volatile) ±0.0036
February Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0011 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0836) against the same month in 2016 (average: 0.0788), the exchange rate shifted by +0.0047 (+6.01%).

2017 Avg (August) 0.0836
2016 Avg (August) 0.0788

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0758 0.0736 0.0746
February 0.0757 0.0740 0.0747
March 0.0763 0.0738 0.0750
April 0.0769 0.0743 0.0753
May 0.0790 0.0764 0.0778
June 0.0807 0.0785 0.0791
July 0.0835 0.0799 0.0814
August 0.0850 0.0831 0.0836
September 0.0850 0.0831 0.0842
October 0.0836 0.0817 0.0830
November 0.0843 0.0817 0.0828
December 0.0847 0.0829 0.0836