2018 HNL to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 HNL to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the HNL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 10870.0217. Conversely, the yearly low was recorded on January 21, dropping to 0.4212.
This high-to-low spread represents a total annual volatility of 10869.6006 VEF. From a start-to-finish perspective, comparing the January average rate of 0.4276 to the December average rate of 10243.6319, the exchange rate registered a net change of 2395382.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 10870.0217 was up 2337143.83% compared to the 2017 peak of 0.4651, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
HNL to VEF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1788.5781, compared to 8750.2707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6961.6927 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 5969.5508 VEF (High: 10403.7212 / Low: 4434.1704). On the other end, January was the most stable month, with a tight range of 0.0233 VEF (High: 0.4445 / Low: 0.4212).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 81.1514 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 10243.6319) against the same month in 2017 (average: 0.4359), the exchange rate shifted by +10243.1960 (+2350025.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.4445 | 0.4212 | 0.4276 |
| February | 1226.3877 | 0.4227 | 692.2353 |
| March | 1702.9833 | 1225.5829 | 1539.5813 |
| April | 2826.4933 | 1696.5175 | 2114.2149 |
| May | 3348.7093 | 2906.7597 | 3050.8719 |
| June | 3356.4888 | 3324.0207 | 3334.1374 |
| July | 4448.3486 | 3322.2453 | 3796.7871 |
| August | 10403.7212 | 4434.1704 | 7574.8250 |
| September | 10351.6529 | 10305.7318 | 10330.6130 |
| October | 10373.5448 | 10299.3186 | 10318.4594 |
| November | 10356.9844 | 10185.6246 | 10237.3080 |
| December | 10870.0217 | 10150.0170 | 10243.6319 |