YEARLY HIGH
0.6344 VEF
YEARLY LOW
0.5257 VEF
YEARLY AVERAGE
0.5670 VEF

2017 EGP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.6344. Conversely, the yearly low was recorded on January 23, dropping to 0.5257.

This high-to-low spread represents a total annual volatility of 0.1087 VEF. From a start-to-finish perspective, comparing the January average rate of 0.5363 to the December average rate of 0.5784, the exchange rate registered a net change of 7.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6344 was down 43.94% compared to the 2016 peak of 1.1316, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,172 VEF
2016 Average 4,772 VEF
Yearly Trough Low 2,628 VEF
Transaction Impact: A difference of 543.67 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5962
0.5309
JanuMarcMayJulySeptNove

EGP 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 0.5603, compared to 0.5738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 0.5603
H2 Avg (Jul–Dec) 0.5738

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.1039 VEF (High: 0.6344 / Low: 0.5305). On the other end, September was the most stable month, with a tight range of 0.0114 VEF (High: 0.5767 / Low: 0.5653).

February Spread (Volatile) ±0.1039
September Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0235 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.5908) against the same month in 2016 (average: 0.8069), the exchange rate shifted by -0.2161 (-26.78%).

2017 Avg (February) 0.5908
2016 Avg (February) 0.8069

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5553 0.5257 0.5363
February 0.6344 0.5305 0.5908
March 0.6188 0.5473 0.5673
April 0.5639 0.5499 0.5564
May 0.5664 0.5511 0.5568
June 0.5625 0.5504 0.5542
July 0.5696 0.5560 0.5635
August 0.5841 0.5631 0.5718
September 0.5767 0.5653 0.5706
October 0.6000 0.5650 0.5728
November 0.6223 0.5642 0.5856
December 0.6079 0.5584 0.5784