YEARLY HIGH
0.0342 CVE
YEARLY LOW
0.0283 CVE
YEARLY AVERAGE
0.0314 CVE

2017 MGA to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MGA to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 0.0342. Conversely, the yearly low was recorded on December 31, dropping to 0.0283.

This high-to-low spread represents a total annual volatility of 0.0060 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0317 to the December average rate of 0.0290, the exchange rate registered a net change of -8.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0342 was up 1.34% compared to the 2016 peak of 0.0338, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 171 CVE
2016 Average 157 CVE
Yearly Trough Low 141 CVE
Transaction Impact: A difference of 29.79 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0334
0.0286
JanuMarcMayJulySeptNove

MGA 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 0.0321, compared to 0.0307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0321
H2 Avg (Jul–Dec) 0.0307

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0030 CVE (High: 0.0342 / Low: 0.0312). On the other end, September was the most stable month, with a tight range of 0.0009 CVE (High: 0.0315 / Low: 0.0306).

March Spread (Volatile) ±0.0030
September Spread (Stable) ±0.0009

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 October and November, when the average rate fell by 0.0009 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.0325) against the same month in 2016 (average: 0.0309), the exchange rate shifted by +0.0016 (+5.03%).

2017 Avg (March) 0.0325
2016 Avg (March) 0.0309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0325 0.0308 0.0317
February 0.0341 0.0319 0.0330
March 0.0342 0.0312 0.0325
April 0.0326 0.0311 0.0323
May 0.0325 0.0313 0.0320
June 0.0320 0.0305 0.0315
July 0.0332 0.0316 0.0324
August 0.0323 0.0309 0.0316
September 0.0315 0.0306 0.0311
October 0.0310 0.0299 0.0305
November 0.0301 0.0289 0.0297
December 0.0296 0.0283 0.0290