YEARLY HIGH
2.4500 CVE
YEARLY LOW
1.9344 CVE
YEARLY AVERAGE
2.1455 CVE

2017 GMD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.4500. Conversely, the yearly low was recorded on December 31, dropping to 1.9344.

This high-to-low spread represents a total annual volatility of 0.5156 CVE. From a start-to-finish perspective, comparing the January average rate of 2.3869 to the December average rate of 1.9662, the exchange rate registered a net change of -17.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4500 was down 5.55% compared to the 2016 peak of 2.5939, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 12,250 CVE
2016 Average 11,881 CVE
Yearly Trough Low 9,672 CVE
Transaction Impact: A difference of 2,577.94 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.4289
1.9241
JanuMarcMayJulySeptNove

GMD to CVE 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 2.2756, compared to 2.0154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2602 points.

H1 Avg (Jan–Jun) 2.2756
H2 Avg (Jul–Dec) 2.0154

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.1121 CVE (High: 2.3635 / Low: 2.2514). On the other end, December was the most stable month, with a tight range of 0.0477 CVE (High: 1.9821 / Low: 1.9344).

March Spread (Volatile) ±0.1121
December Spread (Stable) ±0.0477

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1131 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.1131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.3869) against the same month in 2016 (average: 2.5691), the exchange rate shifted by -0.1822 (-7.09%).

2017 Avg (January) 2.3869
2016 Avg (January) 2.5691

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4500 2.3448 2.3869
February 2.3803 2.3317 2.3535
March 2.3635 2.2514 2.3137
April 2.3135 2.2366 2.2846
May 2.2297 2.1376 2.1715
June 2.1646 2.1000 2.1434
July 2.1205 2.0326 2.0837
August 2.0755 1.9978 2.0383
September 2.0402 1.9919 2.0168
October 2.0514 1.9673 1.9973
November 2.0201 1.9518 1.9900
December 1.9821 1.9344 1.9662