2017 PEN to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PEN to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PEN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 32.3237. Conversely, the yearly low was recorded on November 2, dropping to 27.9061.
This high-to-low spread represents a total annual volatility of 4.4176 CVE. From a start-to-finish perspective, comparing the January average rate of 31.1318 to the December average rate of 28.7991, the exchange rate registered a net change of -7.49% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 32.3237 was up 2.63% compared to the 2016 peak of 31.4939, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
PEN to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 31.2172, compared to 28.9625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2547 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 1.5430 CVE (High: 29.4491 / Low: 27.9061). On the other end, September was the most stable month, with a tight range of 0.4739 CVE (High: 28.8258 / Low: 28.3519).
Growth Streaks & Declines
TrendsBetween 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 1.1903 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 31.9007) against the same month in 2016 (average: 28.3556), the exchange rate shifted by +3.5452 (+12.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 31.4834 | 30.7598 | 31.1318 |
| February | 32.3237 | 31.4030 | 31.9007 |
| March | 32.1453 | 31.3605 | 31.7171 |
| April | 32.1521 | 31.1374 | 31.7819 |
| May | 31.2780 | 30.1178 | 30.5915 |
| June | 30.4090 | 29.7638 | 30.1803 |
| July | 29.9492 | 28.8659 | 29.5337 |
| August | 29.0287 | 28.4149 | 28.8703 |
| September | 28.8258 | 28.3519 | 28.6081 |
| October | 29.4259 | 28.5442 | 28.9078 |
| November | 29.4491 | 27.9061 | 29.0562 |
| December | 29.1101 | 28.4750 | 28.7991 |