2017 CVE to UZS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 CVE to UZS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the CVE to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 88.3671. Conversely, the yearly low was recorded on January 5, dropping to 30.1412.
This high-to-low spread represents a total annual volatility of 58.2260 UZS. From a start-to-finish perspective, comparing the January average rate of 31.1774 to the December average rate of 86.6357, the exchange rate registered a net change of 177.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 88.3671 was up 182.14% compared to the 2016 peak of 31.3203, 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 UZS 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 34.8660, compared to 70.9687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.1027 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was September, with a trading range of 43.3629 UZS (High: 88.3671 / Low: 45.0043). On the other end, February was the most stable month, with a tight range of 0.8879 UZS (High: 32.1816 / Low: 31.2936).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1473 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 81.6176) against the same month in 2016 (average: 30.4083), the exchange rate shifted by +51.2093 (+168.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.8679 | 30.1412 | 31.1774 |
| February | 32.1816 | 31.2936 | 31.7249 |
| March | 35.4053 | 31.4315 | 33.4330 |
| April | 36.8364 | 34.7411 | 35.5032 |
| May | 39.0776 | 36.6437 | 37.7847 |
| June | 40.8317 | 38.8659 | 39.5724 |
| July | 43.6929 | 40.4194 | 41.8383 |
| August | 45.3829 | 43.5355 | 44.2681 |
| September | 88.3671 | 45.0043 | 81.6176 |
| October | 86.4881 | 84.6223 | 85.7998 |
| November | 87.4569 | 84.4298 | 85.6525 |
| December | 87.9420 | 85.3624 | 86.6357 |