2017 SEK to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SEK to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SEK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 11.7599. Conversely, the yearly low was recorded on December 11, dropping to 11.0457.
This high-to-low spread represents a total annual volatility of 0.7141 CVE. From a start-to-finish perspective, comparing the January average rate of 11.6164 to the December average rate of 11.1508, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 11.7599 was down 2.58% compared to the 2016 peak of 12.0708, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SEK 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 11.5287, compared to 11.4370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0917 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 0.4112 CVE (High: 11.6422 / Low: 11.2309). On the other end, May was the most stable month, with a tight range of 0.1925 CVE (High: 11.5184 / Low: 11.3260).
Growth Streaks & Declines
TrendsBetween June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2400 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 11.6640) against the same month in 2016 (average: 11.7311), the exchange rate shifted by -0.0672 (-0.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.7301 | 11.3900 | 11.6164 |
| February | 11.7599 | 11.5234 | 11.6640 |
| March | 11.7153 | 11.5054 | 11.6087 |
| April | 11.6948 | 11.4588 | 11.5232 |
| May | 11.5184 | 11.3260 | 11.4063 |
| June | 11.4755 | 11.2734 | 11.3539 |
| July | 11.6596 | 11.4284 | 11.5389 |
| August | 11.7437 | 11.4896 | 11.5798 |
| September | 11.7136 | 11.4996 | 11.6043 |
| October | 11.6422 | 11.2309 | 11.4942 |
| November | 11.3975 | 11.0683 | 11.2542 |
| December | 11.3170 | 11.0457 | 11.1508 |