YEARLY HIGH
32.3237 CVE
YEARLY LOW
27.9061 CVE
YEARLY AVERAGE
30.0899 CVE

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.

Transfer Payout Power Comparison

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

Yearly Peak High 161,618 CVE
2016 Average 147,718 CVE
Yearly Trough Low 139,530 CVE
Transaction Impact: A difference of 22,088.22 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

32.2300
28.2789
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 31.2172
H2 Avg (Jul–Dec) 28.9625

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±1.5430
September Spread (Stable) ±0.4739

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 1.1903 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1903

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (February) 31.9007
2016 Avg (February) 28.3556

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