YEARLY HIGH
75.6536 CVE
YEARLY LOW
63.3889 CVE
YEARLY AVERAGE
69.7445 CVE

2017 NZD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 75.6536. Conversely, the yearly low was recorded on November 30, dropping to 63.3889.

This high-to-low spread represents a total annual volatility of 12.2647 CVE. From a start-to-finish perspective, comparing the January average rate of 74.0097 to the December average rate of 65.1048, the exchange rate registered a net change of -12.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 75.6536 was up 1.01% compared to the 2016 peak of 74.8992, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 378,268 CVE
2016 Average 347,411 CVE
Yearly Trough Low 316,944 CVE
Transaction Impact: A difference of 61,323.43 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

76.0463
63.9359
JanuMarcMayJulySeptNove

NZD 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 72.3819, compared to 67.1071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2748 points.

H1 Avg (Jan–Jun) 72.3819
H2 Avg (Jul–Dec) 67.1071

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 3.4512 CVE (High: 75.4970 / Low: 72.0458). On the other end, February was the most stable month, with a tight range of 1.0394 CVE (High: 75.6536 / Low: 74.6142).

January Spread (Volatile) ±3.4512
February Spread (Stable) ±1.0394

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 February and March, when the average rate fell by 2.5597 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.5597

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 75.0371) against the same month in 2016 (average: 65.9563), the exchange rate shifted by +9.0808 (+13.77%).

2017 Avg (February) 75.0371
2016 Avg (February) 65.9563

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 75.4970 72.0458 74.0097
February 75.6536 74.6142 75.0371
March 74.6204 71.6960 72.4774
April 73.0090 69.6505 72.0427
May 70.5643 68.5178 69.5231
June 72.1160 69.8549 71.2013
July 71.5352 69.6497 70.6636
August 69.7414 66.8006 68.3758
September 68.0188 66.5232 67.3225
October 67.6317 64.2631 66.2307
November 66.3667 63.3889 64.9451
December 66.0418 63.6690 65.1048