YEARLY HIGH
28.9378 CVE
YEARLY LOW
24.0307 CVE
YEARLY AVERAGE
26.6987 CVE

2017 QAR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 28.9378. Conversely, the yearly low was recorded on November 21, dropping to 24.0307.

This high-to-low spread represents a total annual volatility of 4.9071 CVE. From a start-to-finish perspective, comparing the January average rate of 28.5416 to the December average rate of 25.4734, the exchange rate registered a net change of -10.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 28.9378 was down 1.17% compared to the 2016 peak of 29.2798, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 144,689 CVE
2016 Average 136,859 CVE
Yearly Trough Low 120,154 CVE
Transaction Impact: A difference of 24,535.32 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

28.9237
24.4060
JanuMarcMayJulySeptNove

QAR 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 28.0299, compared to 25.3675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6624 points.

H1 Avg (Jan–Jun) 28.0299
H2 Avg (Jul–Dec) 25.3675

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 1.8234 CVE (High: 25.8541 / Low: 24.0307). On the other end, September was the most stable month, with a tight range of 0.4964 CVE (High: 25.3083 / Low: 24.8119).

November Spread (Volatile) ±1.8234
September Spread (Stable) ±0.4964

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 April and May, when the average rate fell by 0.8776 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.8776

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 28.5416) against the same month in 2016 (average: 27.8676), the exchange rate shifted by +0.6740 (+2.42%).

2017 Avg (January) 28.5416
2016 Avg (January) 27.8676

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.9378 28.1157 28.5416
February 28.7940 28.1357 28.5472
March 28.8841 27.9445 28.4219
April 28.7064 27.7789 28.3698
May 27.9868 27.0620 27.4922
June 27.1675 25.8561 26.8065
July 26.8225 25.5464 26.1523
August 25.8550 24.9796 25.5749
September 25.3083 24.8119 25.0825
October 25.9381 24.6911 25.1392
November 25.8541 24.0307 24.7825
December 25.8135 25.0405 25.4734