YEARLY HIGH
13.5861 CVE
YEARLY LOW
11.7643 CVE
YEARLY AVERAGE
12.5930 CVE

2017 HKD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HKD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 13.5861. Conversely, the yearly low was recorded on August 29, dropping to 11.7643.

This high-to-low spread represents a total annual volatility of 1.8218 CVE. From a start-to-finish perspective, comparing the January average rate of 13.3982 to the December average rate of 11.9606, the exchange rate registered a net change of -10.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 13.5861 was down 1.04% compared to the 2016 peak of 13.7290, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 339,652 CVE
2016 Average 320,997 CVE
Yearly Trough Low 294,106 CVE
Transaction Impact: A difference of 45,545.23 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

13.5496
11.7321
JanuMarcMayJulySeptNove

HKD 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 13.1501, compared to 12.0360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1142 points.

H1 Avg (Jan–Jun) 13.1501
H2 Avg (Jul–Dec) 12.0360

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.5370 CVE (High: 12.5080 / Low: 11.9710). On the other end, December was the most stable month, with a tight range of 0.2612 CVE (High: 12.0606 / Low: 11.7994).

July Spread (Volatile) ±0.5370
December Spread (Stable) ±0.2612

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.4331 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 13.3982) against the same month in 2016 (average: 13.0442), the exchange rate shifted by +0.3540 (+2.71%).

2017 Avg (January) 13.3982
2016 Avg (January) 13.0442

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.5861 13.1961 13.3982
February 13.5096 13.2033 13.3955
March 13.5492 13.0997 13.3272
April 13.4510 12.9999 13.2877
May 13.0819 12.6576 12.8546
June 12.7323 12.3887 12.6376
July 12.5080 11.9710 12.2812
August 12.0409 11.7643 11.9643
September 12.0370 11.7653 11.8836
October 12.2386 11.9592 12.0435
November 12.2395 11.8692 12.0825
December 12.0606 11.7994 11.9606