2017 CVE to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 CVE to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the CVE to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 90.3508. Conversely, the yearly low was recorded on March 1, dropping to 76.4218.
This high-to-low spread represents a total annual volatility of 13.9291 LAK. From a start-to-finish perspective, comparing the January average rate of 78.1174 to the December average rate of 89.0563, the exchange rate registered a net change of 14.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 90.3508 was up 6.06% compared to the 2016 peak of 85.1877, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
CVE to LAK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 79.7121, compared to 88.2238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.5118 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 4.6112 LAK (High: 83.2453 / Low: 78.6342). On the other end, October was the most stable month, with a tight range of 1.8003 LAK (High: 89.0495 / Low: 87.2492).
Growth Streaks & Declines
TrendsBetween 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 0.9878 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 89.3952) against the same month in 2016 (average: 82.3045), the exchange rate shifted by +7.0908 (+8.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 79.7280 | 76.4697 | 78.1174 |
| February | 79.9512 | 76.4218 | 78.2248 |
| March | 80.1628 | 76.4218 | 78.5062 |
| April | 81.1725 | 77.1391 | 78.8110 |
| May | 83.2453 | 78.6342 | 81.3157 |
| June | 85.1569 | 81.5139 | 83.2974 |
| July | 87.6400 | 84.3011 | 85.8187 |
| August | 90.2227 | 87.6663 | 88.4637 |
| September | 90.3508 | 88.2314 | 89.3952 |
| October | 89.0495 | 87.2492 | 88.4075 |
| November | 89.8724 | 87.1282 | 88.2017 |
| December | 90.0971 | 87.8193 | 89.0563 |