YEARLY HIGH
6.9068 CVE
YEARLY LOW
5.9578 CVE
YEARLY AVERAGE
6.3573 CVE

2017 MVR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MVR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 6.9068. Conversely, the yearly low was recorded on August 29, dropping to 5.9578.

This high-to-low spread represents a total annual volatility of 0.9489 CVE. From a start-to-finish perspective, comparing the January average rate of 6.7619 to the December average rate of 6.0659, the exchange rate registered a net change of -10.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 6.9068 was down 0.30% compared to the 2016 peak of 6.9273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,534 CVE
2016 Average 32,644 CVE
Yearly Trough Low 29,789 CVE
Transaction Impact: A difference of 4,744.57 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

6.8356
5.9507
JanuMarcMayJulySeptNove

MVR 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 6.6095, compared to 6.1052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5042 points.

H1 Avg (Jan–Jun) 6.6095
H2 Avg (Jul–Dec) 6.1052

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.6808 CVE (High: 6.6386 / Low: 5.9578). On the other end, December was the most stable month, with a tight range of 0.1267 CVE (High: 6.1136 / Low: 5.9869).

August Spread (Volatile) ±0.6808
December Spread (Stable) ±0.1267

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 0.2200 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 6.7619) against the same month in 2016 (average: 6.6296), the exchange rate shifted by +0.1322 (+1.99%).

2017 Avg (January) 6.7619
2016 Avg (January) 6.6296

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9068 6.6434 6.7619
February 6.7863 6.6201 6.7242
March 6.7635 6.5815 6.6774
April 6.7678 6.5681 6.6903
May 6.6337 6.3238 6.4703
June 6.4064 6.2402 6.3326
July 6.2999 6.0517 6.1944
August 6.6386 5.9578 6.1043
September 6.1038 5.9691 6.0244
October 6.2012 6.0594 6.1019
November 6.2111 6.0533 6.1404
December 6.1136 5.9869 6.0659