2017 HNL to CVE Historical Review

YEARLY HIGH

4.5756 CVE

YEARLY LOW

3.9045 CVE

YEARLY AVERAGE

4.1809 CVE

2017 HNL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 4.5756. Conversely, the yearly low was recorded on December 31, dropping to 3.9045.

This high-to-low spread represents a total annual volatility of 0.6710 CVE. From a start-to-finish perspective, comparing the January average rate of 4.4518 to the December average rate of 3.9533, the exchange rate registered a net change of -11.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 4.5756 was down 0.31% compared to the 2016 peak of 4.5898, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,878 CVE

2016 Average 21,890 CVE

Yearly Trough Low 19,523 CVE

Transaction Impact: A difference of 3,355.17 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

4.5016

3.9035

JanuMarcMayJulySeptNove

HNL 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 4.3589, compared to 4.0029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3559 points.

H1 Avg (Jan–Jun) 4.3589

H2 Avg (Jul–Dec) 4.0029

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.2202 CVE (High: 4.5756 / Low: 4.3553). On the other end, October was the most stable month, with a tight range of 0.0801 CVE (High: 4.0438 / Low: 3.9637).

January Spread (Volatile) ±0.2202

October Spread (Stable) ±0.0801

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 0.1385 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 4.4518) against the same month in 2016 (average: 4.5242), the exchange rate shifted by -0.0724 (-1.60%).

2017 Avg (January) 4.4518

2016 Avg (January) 4.5242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.5756	4.3553	4.4518
February	4.4570	4.3412	4.4145
March	4.4807	4.3286	4.4055
April	4.4604	4.3111	4.4065
May	4.3417	4.1961	4.2680
June	4.2289	4.1401	4.2067
July	4.1674	4.0243	4.0982
August	4.0422	3.9363	4.0087
September	4.0191	3.9082	3.9626
October	4.0438	3.9637	4.0004
November	4.0524	3.9138	3.9943
December	3.9941	3.9045	3.9533