YEARLY HIGH
13989.6302 VEF
YEARLY LOW
0.5622 VEF
YEARLY AVERAGE
7096.9781 VEF

2018 EGP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EGP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 13989.6302. Conversely, the yearly low was recorded on January 1, dropping to 0.5622.

This high-to-low spread represents a total annual volatility of 13989.0680 VEF. From a start-to-finish perspective, comparing the January average rate of 0.5708 to the December average rate of 13873.9143, the exchange rate registered a net change of 2430489.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 13989.6302 was up 2204980.00% compared to the 2017 peak of 0.6344, 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 69,948,151 VEF
2017 Average 2,834 VEF
Yearly Trough Low 2,811 VEF
Transaction Impact: A difference of 69,945,340.15 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

15281.3456
-1388.5905
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 2394.9856, compared to 11798.9705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9403.9848 points.

H1 Avg (Jan–Jun) 2394.9856
H2 Avg (Jul–Dec) 11798.9705

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 8007.1004 VEF (High: 13961.0456 / Low: 5953.9452). On the other end, January was the most stable month, with a tight range of 0.0305 VEF (High: 0.5927 / Low: 0.5622).

August Spread (Volatile) ±8007.1004
January Spread (Stable) ±0.0305

Growth Streaks & Declines

Trends

Between 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 14.8457 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -14.8457

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 13885.8289) against the same month in 2017 (average: 0.5856), the exchange rate shifted by +13885.2433 (+2371263.49%).

2018 Avg (November) 13885.8289
2017 Avg (November) 0.5856

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5927 0.5622 0.5708
February 1641.9582 0.5651 924.5704
March 2283.9839 1639.0888 2063.9991
April 3787.8101 2272.5688 2831.5487
May 4473.2495 3873.8334 4076.1325
June 4494.1671 4463.8418 4473.0923
July 5980.1939 4459.0786 5090.7597
August 13961.0456 5953.9452 10173.7971
September 13961.0456 13844.3632 13892.1843
October 13904.0155 13846.6778 13877.3386
November 13989.6302 13837.4233 13885.8289
December 13902.9621 13830.2244 13873.9143