YEARLY HIGH
14.5283 VEF
YEARLY LOW
12.0200 VEF
YEARLY AVERAGE
13.0177 VEF

2017 FKP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FKP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 14.5283. Conversely, the yearly low was recorded on January 15, dropping to 12.0200.

This high-to-low spread represents a total annual volatility of 2.5083 VEF. From a start-to-finish perspective, comparing the January average rate of 12.3324 to the December average rate of 13.8108, the exchange rate registered a net change of 11.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 14.5283 was down 2.47% compared to the 2016 peak of 14.8956, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 72,642 VEF
2016 Average 61,091 VEF
Yearly Trough Low 60,100 VEF
Transaction Impact: A difference of 12,541.69 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

13.9591
12.1792
JanuMarcMayJulySeptNove

FKP 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 12.6151, compared to 13.4203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8051 points.

H1 Avg (Jan–Jun) 12.6151
H2 Avg (Jul–Dec) 13.4203

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 1.2930 VEF (High: 14.3528 / Low: 13.0598). On the other end, February was the most stable month, with a tight range of 0.2949 VEF (High: 12.6548 / Low: 12.3599).

November Spread (Volatile) ±1.2930
February Spread (Stable) ±0.2949

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1713 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1713

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 13.8108) against the same month in 2016 (average: 12.4615), the exchange rate shifted by +1.3492 (+10.83%).

2017 Avg (December) 13.8108
2016 Avg (December) 12.4615

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.6219 12.0200 12.3324
February 12.6548 12.3599 12.4628
March 12.5453 12.1498 12.3276
April 13.1789 12.3545 12.7116
May 13.2259 12.7863 13.0139
June 13.1898 12.6631 12.8425
July 13.3878 12.8706 13.1337
August 13.4013 12.7903 13.1481
September 13.7446 13.0813 13.4088
October 14.0760 13.1140 13.3424
November 14.3528 13.0598 13.6777
December 14.5283 13.2955 13.8108