2017 CVE to VEF Historical Review

YEARLY HIGH

0.1158 VEF

YEARLY LOW

0.0947 VEF

YEARLY AVERAGE

0.1032 VEF

2017 CVE to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.1158. Conversely, the yearly low was recorded on January 5, dropping to 0.0947.

This high-to-low spread represents a total annual volatility of 0.0211 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0961 to the December average rate of 0.1103, the exchange rate registered a net change of 14.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1158 was up 11.09% compared to the 2016 peak of 0.1042, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 579 VEF

2016 Average 455 VEF

Yearly Trough Low 474 VEF

Transaction Impact: A difference of 105.50 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1117

0.0947

JanuMarcMayJulySeptNove

CVE 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 0.0981, compared to 0.1083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.0981

H2 Avg (Jul–Dec) 0.1083

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0111 VEF (High: 0.1158 / Low: 0.1047). On the other end, February was the most stable month, with a tight range of 0.0022 VEF (High: 0.0975 / Low: 0.0953).

November Spread (Volatile) ±0.0111

February Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0009 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.1097) against the same month in 2016 (average: 0.0977), the exchange rate shifted by +0.0120 (+12.27%).

2017 Avg (November) 0.1097

2016 Avg (November) 0.0977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0976	0.0947	0.0961
February	0.0975	0.0953	0.0961
March	0.0982	0.0949	0.0965
April	0.1003	0.0956	0.0974
May	0.1033	0.0983	0.1006
June	0.1048	0.1007	0.1018
July	0.1085	0.1030	0.1053
August	0.1106	0.1067	0.1085
September	0.1101	0.1064	0.1084
October	0.1115	0.1046	0.1075
November	0.1158	0.1047	0.1097
December	0.1155	0.1061	0.1103