YEARLY HIGH
0.0115 CVE
YEARLY LOW
0.0102 CVE
YEARLY AVERAGE
0.0107 CVE

2017 GNF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GNF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0115. Conversely, the yearly low was recorded on December 31, dropping to 0.0102.

This high-to-low spread represents a total annual volatility of 0.0012 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0111 to the December average rate of 0.0104, the exchange rate registered a net change of -6.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0115 was down 14.73% compared to the 2016 peak of 0.0135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57 CVE
2016 Average 60 CVE
Yearly Trough Low 51 CVE
Transaction Impact: A difference of 6.25 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0112
0.0103
JanuMarcMayJulySeptNove

GNF 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 0.0110, compared to 0.0105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0110
H2 Avg (Jul–Dec) 0.0105

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0006 CVE (High: 0.0115 / Low: 0.0109). On the other end, October was the most stable month, with a tight range of 0.0002 CVE (High: 0.0106 / Low: 0.0104).

April Spread (Volatile) ±0.0006
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.0111) against the same month in 2016 (average: 0.0128), the exchange rate shifted by -0.0017 (-13.16%).

2017 Avg (April) 0.0111
2016 Avg (April) 0.0128

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0113 0.0109 0.0111
February 0.0113 0.0109 0.0111
March 0.0114 0.0109 0.0111
April 0.0115 0.0109 0.0111
May 0.0112 0.0108 0.0109
June 0.0110 0.0107 0.0109
July 0.0108 0.0104 0.0106
August 0.0106 0.0103 0.0105
September 0.0105 0.0102 0.0104
October 0.0106 0.0104 0.0105
November 0.0106 0.0103 0.0105
December 0.0104 0.0102 0.0104