YEARLY HIGH
0.0781 CVE
YEARLY LOW
0.0672 CVE
YEARLY AVERAGE
0.0721 CVE

2017 MMK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MMK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0781. Conversely, the yearly low was recorded on September 20, dropping to 0.0672.

This high-to-low spread represents a total annual volatility of 0.0108 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0766 to the December average rate of 0.0688, the exchange rate registered a net change of -10.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0781 was down 8.37% compared to the 2016 peak of 0.0852, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 390 CVE
2016 Average 404 CVE
Yearly Trough Low 336 CVE
Transaction Impact: A difference of 54.21 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0774
0.0674
JanuMarcMayJulySeptNove

MMK 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 0.0750, compared to 0.0691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.0750
H2 Avg (Jul–Dec) 0.0691

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0034 CVE (High: 0.0752 / Low: 0.0718). On the other end, August was the most stable month, with a tight range of 0.0015 CVE (High: 0.0693 / Low: 0.0678).

May Spread (Volatile) ±0.0034
August Spread (Stable) ±0.0015

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 0.0025 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0766) against the same month in 2016 (average: 0.0781), the exchange rate shifted by -0.0015 (-1.93%).

2017 Avg (January) 0.0766
2016 Avg (January) 0.0781

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0781 0.0755 0.0766
February 0.0768 0.0752 0.0760
March 0.0775 0.0743 0.0757
April 0.0768 0.0741 0.0760
May 0.0752 0.0718 0.0734
June 0.0732 0.0706 0.0724
July 0.0716 0.0691 0.0704
August 0.0693 0.0678 0.0688
September 0.0690 0.0672 0.0682
October 0.0704 0.0682 0.0690
November 0.0706 0.0678 0.0696
December 0.0697 0.0680 0.0688