YEARLY HIGH
0.3606 THB
YEARLY LOW
0.3299 THB
YEARLY AVERAGE
0.3461 THB

2017 CVE to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 0.3606. Conversely, the yearly low was recorded on April 17, dropping to 0.3299.

This high-to-low spread represents a total annual volatility of 0.0307 THB. From a start-to-finish perspective, comparing the January average rate of 0.3412 to the December average rate of 0.3492, the exchange rate registered a net change of 2.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3606 was down 1.79% compared to the 2016 peak of 0.3671, 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 1,803 THB
2016 Average 1,771 THB
Yearly Trough Low 1,649 THB
Transaction Impact: A difference of 153.47 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3595
0.3314
JanuMarcMayJulySeptNove

CVE to THB 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 0.3396, compared to 0.3526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.3396
H2 Avg (Jul–Dec) 0.3526

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0123 THB (High: 0.3422 / Low: 0.3299). On the other end, November was the most stable month, with a tight range of 0.0059 THB (High: 0.3526 / Low: 0.3468).

April Spread (Volatile) ±0.0123
November Spread (Stable) ±0.0059

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 October and November, when the average rate fell by 0.0045 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.3554) against the same month in 2016 (average: 0.3531), the exchange rate shifted by +0.0023 (+0.64%).

2017 Avg (August) 0.3554
2016 Avg (August) 0.3531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3445 0.3385 0.3412
February 0.3422 0.3334 0.3368
March 0.3409 0.3319 0.3371
April 0.3422 0.3299 0.3337
May 0.3481 0.3400 0.3441
June 0.3514 0.3422 0.3450
July 0.3560 0.3484 0.3516
August 0.3606 0.3533 0.3554
September 0.3605 0.3539 0.3571
October 0.3568 0.3480 0.3535
November 0.3526 0.3468 0.3490
December 0.3528 0.3454 0.3492