YEARLY HIGH
0.0158 NZD
YEARLY LOW
0.0132 NZD
YEARLY AVERAGE
0.0144 NZD

2017 CVE to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.0158. Conversely, the yearly low was recorded on February 23, dropping to 0.0132.

This high-to-low spread represents a total annual volatility of 0.0026 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0135 to the December average rate of 0.0154, the exchange rate registered a net change of 13.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0158 was up 2.13% compared to the 2016 peak of 0.0154, 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 79 NZD
2016 Average 72 NZD
Yearly Trough Low 66 NZD
Transaction Impact: A difference of 12.79 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0156
0.0131
JanuMarcMayJulySeptNove

CVE to NZD 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 0.0138, compared to 0.0149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0138
H2 Avg (Jul–Dec) 0.0149

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0008 NZD (High: 0.0156 / Low: 0.0148). On the other end, February was the most stable month, with a tight range of 0.0002 NZD (High: 0.0134 / Low: 0.0132).

October Spread (Volatile) ±0.0008
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and November, 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 May and June, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0154) against the same month in 2016 (average: 0.0137), the exchange rate shifted by +0.0017 (+12.34%).

2017 Avg (November) 0.0154
2016 Avg (November) 0.0137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0139 0.0132 0.0135
February 0.0134 0.0132 0.0133
March 0.0139 0.0134 0.0138
April 0.0144 0.0137 0.0139
May 0.0146 0.0142 0.0144
June 0.0143 0.0139 0.0140
July 0.0144 0.0140 0.0142
August 0.0150 0.0143 0.0146
September 0.0150 0.0147 0.0149
October 0.0156 0.0148 0.0151
November 0.0158 0.0151 0.0154
December 0.0157 0.0151 0.0154