YEARLY HIGH
0.0063 VEF
YEARLY LOW
0.0056 VEF
YEARLY AVERAGE
0.0059 VEF

2017 BIF to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BIF to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.0063. Conversely, the yearly low was recorded on December 18, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0006 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0059 to the December average rate of 0.0059, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0063 was down 3.01% compared to the 2016 peak of 0.0065, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31 VEF
2016 Average 28 VEF
Yearly Trough Low 28 VEF
Transaction Impact: A difference of 3.11 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0060
0.0057
JanuMarcMayJulySeptNove

BIF to VEF 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 0.0059, compared to 0.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0059
H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0006 VEF (High: 0.0063 / Low: 0.0057). On the other end, February was the most stable month, with a tight range of 0.0001 VEF (High: 0.0059 / Low: 0.0059).

November Spread (Volatile) ±0.0006
February Spread (Stable) ±0.0001

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 May and June, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.0059) against the same month in 2016 (average: 0.0060), the exchange rate shifted by -0.0001 (-1.26%).

2017 Avg (November) 0.0059
2016 Avg (November) 0.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0060 0.0059 0.0059
February 0.0059 0.0059 0.0059
March 0.0059 0.0058 0.0059
April 0.0060 0.0058 0.0059
May 0.0060 0.0058 0.0059
June 0.0059 0.0058 0.0058
July 0.0059 0.0058 0.0059
August 0.0060 0.0057 0.0058
September 0.0059 0.0057 0.0058
October 0.0060 0.0057 0.0058
November 0.0063 0.0057 0.0059
December 0.0061 0.0056 0.0059