2018 BIF to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BIF to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BIF to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 140.9528. Conversely, the yearly low was recorded on January 29, dropping to 0.0056.
This high-to-low spread represents a total annual volatility of 140.9472 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 137.4786, the exchange rate registered a net change of 2398748.60% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 140.9528 was up 2249433.56% compared to the 2017 peak of 0.0063, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BIF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 24.0194, compared to 118.0113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 93.9919 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 80.9654 VEF (High: 140.9528 / Low: 59.9875). On the other end, January was the most stable month, with a tight range of 0.0003 VEF (High: 0.0059 / Low: 0.0056).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.2167 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2018: 102.4686) against the same month in 2017 (average: 0.0058), the exchange rate shifted by +102.4627 (+1755158.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0059 | 0.0056 | 0.0057 |
| February | 16.4159 | 0.0056 | 9.2638 |
| March | 22.8846 | 16.2958 | 20.5983 |
| April | 37.8500 | 22.5696 | 28.2467 |
| May | 45.4240 | 38.6946 | 40.9424 |
| June | 45.5089 | 44.7368 | 45.0595 |
| July | 60.3880 | 44.7494 | 51.4015 |
| August | 140.9528 | 59.9875 | 102.4686 |
| September | 140.3492 | 139.1219 | 139.9285 |
| October | 140.4076 | 136.8613 | 138.7118 |
| November | 140.5407 | 136.8324 | 138.0787 |
| December | 139.1473 | 136.1576 | 137.4786 |