YEARLY HIGH
0.1706 CVE
YEARLY LOW
0.1661 CVE
YEARLY AVERAGE
0.1685 CVE

2017 XOF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the XOF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 0.1706. Conversely, the yearly low was recorded on January 2, dropping to 0.1661.

This high-to-low spread represents a total annual volatility of 0.0045 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1679 to the December average rate of 0.1687, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1706 was up 0.62% compared to the 2016 peak of 0.1696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 853 CVE
2016 Average 837 CVE
Yearly Trough Low 830 CVE
Transaction Impact: A difference of 22.75 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1689
0.1678
JanuMarcMayJulySeptNove

XOF 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 0.1683, compared to 0.1686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1683
H2 Avg (Jul–Dec) 0.1686

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0033 CVE (High: 0.1693 / Low: 0.1661). On the other end, June was the most stable month, with a tight range of 0.0013 CVE (High: 0.1689 / Low: 0.1675).

January Spread (Volatile) ±0.0033
June Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.1686) against the same month in 2016 (average: 0.1671), the exchange rate shifted by +0.0015 (+0.88%).

2017 Avg (April) 0.1686
2016 Avg (April) 0.1671

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1693 0.1661 0.1679
February 0.1690 0.1669 0.1682
March 0.1695 0.1671 0.1682
April 0.1706 0.1677 0.1686
May 0.1692 0.1679 0.1686
June 0.1689 0.1675 0.1684
July 0.1700 0.1676 0.1683
August 0.1701 0.1678 0.1686
September 0.1695 0.1671 0.1687
October 0.1693 0.1663 0.1684
November 0.1700 0.1678 0.1688
December 0.1698 0.1679 0.1687