2017 TOP to CVE Historical Review

YEARLY HIGH

46.7729 CVE

YEARLY LOW

40.4650 CVE

YEARLY AVERAGE

43.3035 CVE

2017 TOP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 46.7729. Conversely, the yearly low was recorded on November 26, dropping to 40.4650.

This high-to-low spread represents a total annual volatility of 6.3079 CVE. From a start-to-finish perspective, comparing the January average rate of 45.1538 to the December average rate of 40.8420, the exchange rate registered a net change of -9.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 46.7729 was down 0.58% compared to the 2016 peak of 47.0440, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233,864 CVE

2016 Average 221,311 CVE

Yearly Trough Low 202,325 CVE

Transaction Impact: A difference of 31,539.34 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

46.5232

40.3256

JanuMarcMayJulySeptNove

TOP 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 44.6572, compared to 41.9499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7073 points.

H1 Avg (Jan–Jun) 44.6572

H2 Avg (Jul–Dec) 41.9499

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 2.3725 CVE (High: 46.7729 / Low: 44.4004). On the other end, December was the most stable month, with a tight range of 0.5982 CVE (High: 41.1205 / Low: 40.5223).

March Spread (Volatile) ±2.3725

December Spread (Stable) ±0.5982

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 1.7598 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.7598

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 45.2670) against the same month in 2016 (average: 44.0310), the exchange rate shifted by +1.2360 (+2.81%).

2017 Avg (March) 45.2670

2016 Avg (March) 44.0310

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.5172	44.7140	45.1538
February	46.5385	44.7903	46.0067
March	46.7729	44.4004	45.2670
April	45.5665	43.8171	44.9784
May	44.0646	42.3553	43.2186
June	43.8957	42.7974	43.3185
July	43.5685	42.4592	42.8811
August	42.9637	41.2765	42.4635
September	42.5784	41.5597	41.9719
October	42.4336	41.5464	42.0029
November	42.3379	40.4650	41.5380
December	41.1205	40.5223	40.8420