2017 BHD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BHD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BHD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 29.0788. Conversely, the yearly low was recorded on November 26, dropping to 26.4355.
This high-to-low spread represents a total annual volatility of 2.6434 VEF. From a start-to-finish perspective, comparing the January average rate of 26.4914 to the December average rate of 27.3243, the exchange rate registered a net change of 3.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 29.0788 was up 9.19% compared to the 2016 peak of 26.6316, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BHD to VEF 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 26.5795, compared to 26.9844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4049 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 2.6434 VEF (High: 29.0788 / Low: 26.4355). On the other end, February was the most stable month, with a tight range of 0.0377 VEF (High: 26.5197 / Low: 26.4821).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 0.2098 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 27.4105) against the same month in 2016 (average: 26.4661), the exchange rate shifted by +0.9444 (+3.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.5191 | 26.4626 | 26.4914 |
| February | 26.5197 | 26.4821 | 26.4947 |
| March | 26.5695 | 26.4751 | 26.4937 |
| April | 27.0380 | 26.4629 | 26.6745 |
| May | 27.0397 | 26.4802 | 26.7170 |
| June | 26.9068 | 26.4659 | 26.6054 |
| July | 26.9793 | 26.4500 | 26.7662 |
| August | 27.5268 | 26.4688 | 26.9122 |
| September | 26.9679 | 26.4740 | 26.7024 |
| October | 28.0845 | 26.4791 | 26.7909 |
| November | 29.0788 | 26.4355 | 27.4105 |
| December | 28.8068 | 26.4772 | 27.3243 |