2017 GTQ to VEF Historical Review

YEARLY HIGH

1.4947 VEF

YEARLY LOW

1.3170 VEF

YEARLY AVERAGE

1.3739 VEF

2017 GTQ to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GTQ to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 1.4947. Conversely, the yearly low was recorded on January 7, dropping to 1.3170.

This high-to-low spread represents a total annual volatility of 0.1776 VEF. From a start-to-finish perspective, comparing the January average rate of 1.3286 to the December average rate of 1.4013, the exchange rate registered a net change of 5.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.4947 was up 11.55% compared to the 2016 peak of 1.3399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,473 VEF

2016 Average 5,969 VEF

Yearly Trough Low 6,585 VEF

Transaction Impact: A difference of 888.14 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.4178

1.3205

JanuMarcMayJulySeptNove

GTQ 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 1.3573, compared to 1.3905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0332 points.

H1 Avg (Jan–Jun) 1.3573

H2 Avg (Jul–Dec) 1.3905

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1418 VEF (High: 1.4947 / Low: 1.3529). On the other end, March was the most stable month, with a tight range of 0.0183 VEF (High: 1.3693 / Low: 1.3510).

November Spread (Volatile) ±0.1418

March Spread (Stable) ±0.0183

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0180 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.4097) against the same month in 2016 (average: 1.3288), the exchange rate shifted by +0.0808 (+6.08%).

2017 Avg (November) 1.4097

2016 Avg (November) 1.3288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3427	1.3170	1.3286
February	1.3585	1.3331	1.3472
March	1.3693	1.3510	1.3580
April	1.3846	1.3557	1.3690
May	1.3918	1.3548	1.3736
June	1.3858	1.3563	1.3673
July	1.4077	1.3604	1.3827
August	1.4281	1.3730	1.3962
September	1.3973	1.3628	1.3782
October	1.4417	1.3559	1.3750
November	1.4947	1.3529	1.4097
December	1.4719	1.3528	1.4013