YEARLY HIGH
1.5869 VEF
YEARLY LOW
1.4220 VEF
YEARLY AVERAGE
1.4558 VEF

2017 BOB to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BOB to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 1.5869. Conversely, the yearly low was recorded on September 13, dropping to 1.4220.

This high-to-low spread represents a total annual volatility of 0.1649 VEF. From a start-to-finish perspective, comparing the January average rate of 1.4434 to the December average rate of 1.4903, the exchange rate registered a net change of 3.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5869 was up 8.41% compared to the 2016 peak of 1.4637, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,934 VEF
2016 Average 6,571 VEF
Yearly Trough Low 7,110 VEF
Transaction Impact: A difference of 824.65 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.4951
1.4374
JanuMarcMayJulySeptNove

BOB 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 1.4459, compared to 1.4657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0198 points.

H1 Avg (Jan–Jun) 1.4459
H2 Avg (Jul–Dec) 1.4657

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1508 VEF (High: 1.5869 / Low: 1.4361). On the other end, February was the most stable month, with a tight range of 0.0158 VEF (High: 1.4525 / Low: 1.4367).

November Spread (Volatile) ±0.1508
February Spread (Stable) ±0.0158

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0157 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.4901) against the same month in 2016 (average: 1.4426), the exchange rate shifted by +0.0474 (+3.29%).

2017 Avg (November) 1.4901
2016 Avg (November) 1.4426

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4495 1.4335 1.4434
February 1.4525 1.4367 1.4433
March 1.4571 1.4380 1.4426
April 1.4735 1.4355 1.4497
May 1.4710 1.4308 1.4504
June 1.4700 1.4341 1.4459
July 1.4721 1.4303 1.4523
August 1.4911 1.4328 1.4579
September 1.4630 1.4220 1.4422
October 1.5307 1.4396 1.4616
November 1.5869 1.4361 1.4901
December 1.5656 1.4389 1.4903