2017 CUC to VEF Historical Review

YEARLY HIGH

10.9841 VEF

YEARLY LOW

9.9774 VEF

YEARLY AVERAGE

10.0994 VEF

2017 CUC to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CUC to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 10.9841. Conversely, the yearly low was recorded on January 5, dropping to 9.9774.

This high-to-low spread represents a total annual volatility of 1.0067 VEF. From a start-to-finish perspective, comparing the January average rate of 9.9873 to the December average rate of 10.3027, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 10.9841 was up 9.33% compared to the 2016 peak of 10.0468, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,921 VEF

2016 Average 45,342 VEF

Yearly Trough Low 49,887 VEF

Transaction Impact: A difference of 5,033.65 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.3803

9.9515

JanuMarcMayJulySeptNove

CUC 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 10.0208, compared to 10.1779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1571 points.

H1 Avg (Jan–Jun) 10.0208

H2 Avg (Jul–Dec) 10.1779

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 1.0001 VEF (High: 10.9841 / Low: 9.9840). On the other end, March was the most stable month, with a tight range of 0.0100 VEF (High: 9.9950 / Low: 9.9850).

November Spread (Volatile) ±1.0001

March Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0792 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 10.3445) against the same month in 2016 (average: 9.9781), the exchange rate shifted by +0.3664 (+3.67%).

2017 Avg (November) 10.3445

2016 Avg (November) 9.9781

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.9950	9.9774	9.9873
February	9.9950	9.9850	9.9878
March	9.9950	9.9850	9.9882
April	10.1756	9.9850	10.0550
May	10.1951	9.9850	10.0719
June	10.1489	9.9850	10.0347
July	10.1760	9.9850	10.0953
August	10.3763	9.9850	10.1482
September	10.1705	9.9850	10.0690
October	10.5912	9.9850	10.1077
November	10.9841	9.9840	10.3445
December	10.8638	9.9850	10.3027