2017 SAR to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SAR to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 28.0985. Conversely, the yearly low was recorded on September 10, dropping to 24.5120.
This high-to-low spread represents a total annual volatility of 3.5864 CVE. From a start-to-finish perspective, comparing the January average rate of 27.7097 to the December average rate of 24.9176, the exchange rate registered a net change of -10.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 28.0985 was down 1.14% compared to the 2016 peak of 28.4215, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SAR 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 27.2545, compared to 25.0695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1851 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 1.1087 CVE (High: 26.0400 / Low: 24.9313). On the other end, December was the most stable month, with a tight range of 0.5205 CVE (High: 25.1055 / Low: 24.5850).
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 0.8468 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 27.7097) against the same month in 2016 (average: 27.0450), the exchange rate shifted by +0.6647 (+2.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.0985 | 27.2949 | 27.7097 |
| February | 27.9566 | 27.3160 | 27.7156 |
| March | 28.0479 | 27.1312 | 27.5963 |
| April | 27.8386 | 26.9730 | 27.5376 |
| May | 27.1697 | 26.2752 | 26.6908 |
| June | 26.4786 | 25.7913 | 26.2769 |
| July | 26.0400 | 24.9313 | 25.5722 |
| August | 25.0939 | 24.5454 | 24.9519 |
| September | 25.0623 | 24.5120 | 24.7621 |
| October | 25.4660 | 24.8913 | 25.0657 |
| November | 25.4493 | 24.7120 | 25.1471 |
| December | 25.1055 | 24.5850 | 24.9176 |