2017 ETB to VEF Historical Review

YEARLY HIGH

0.4478 VEF

YEARLY LOW

0.3628 VEF

YEARLY AVERAGE

0.4234 VEF

2017 ETB to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.4478. Conversely, the yearly low was recorded on December 17, dropping to 0.3628.

This high-to-low spread represents a total annual volatility of 0.0850 VEF. From a start-to-finish perspective, comparing the January average rate of 0.4426 to the December average rate of 0.3766, the exchange rate registered a net change of -14.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4478 was down 3.49% compared to the 2016 peak of 0.4640, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,239 VEF

2016 Average 2,072 VEF

Yearly Trough Low 1,814 VEF

Transaction Impact: A difference of 425.02 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4492

0.3700

JanuMarcMayJulySeptNove

ETB 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 0.4392, compared to 0.4076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0315 points.

H1 Avg (Jan–Jun) 0.4392

H2 Avg (Jul–Dec) 0.4076

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.0700 VEF (High: 0.4353 / Low: 0.3654). On the other end, January was the most stable month, with a tight range of 0.0085 VEF (High: 0.4478 / Low: 0.4393).

October Spread (Volatile) ±0.0700

January Spread (Stable) ±0.0085

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 September and October, when the average rate fell by 0.0358 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0358

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.4426) against the same month in 2016 (average: 0.2975), the exchange rate shifted by +0.1452 (+48.80%).

2017 Avg (January) 0.4426

2016 Avg (January) 0.2975

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4478	0.4393	0.4426
February	0.4459	0.4370	0.4406
March	0.4436	0.4351	0.4394
April	0.4463	0.4338	0.4399
May	0.4444	0.4309	0.4379
June	0.4419	0.4290	0.4345
July	0.4434	0.4278	0.4346
August	0.4474	0.4277	0.4350
September	0.4341	0.4221	0.4283
October	0.4353	0.3654	0.3925
November	0.4016	0.3647	0.3788
December	0.3959	0.3628	0.3766