2017 ILS to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ILS to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ILS to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 3.1318. Conversely, the yearly low was recorded on January 3, dropping to 2.5824.
This high-to-low spread represents a total annual volatility of 0.5494 VEF. From a start-to-finish perspective, comparing the January average rate of 2.6173 to the December average rate of 2.9433, the exchange rate registered a net change of 12.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3.1318 was up 17.39% compared to the 2016 peak of 2.6678, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
ILS 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 2.7396, compared to 2.8798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1402 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 0.3187 VEF (High: 3.1318 / Low: 2.8131). On the other end, March was the most stable month, with a tight range of 0.0634 VEF (High: 2.7642 / Low: 2.7008).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0267 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 2.9409) against the same month in 2016 (average: 2.5977), the exchange rate shifted by +0.3432 (+13.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.6515 | 2.5824 | 2.6173 |
| February | 2.7383 | 2.6487 | 2.6826 |
| March | 2.7642 | 2.7008 | 2.7339 |
| April | 2.8096 | 2.7207 | 2.7562 |
| May | 2.8756 | 2.7691 | 2.8054 |
| June | 2.9045 | 2.8165 | 2.8424 |
| July | 2.9023 | 2.7923 | 2.8454 |
| August | 2.8678 | 2.7675 | 2.8187 |
| September | 2.8972 | 2.8193 | 2.8520 |
| October | 3.0082 | 2.8278 | 2.8788 |
| November | 3.1318 | 2.8131 | 2.9409 |
| December | 3.0919 | 2.8404 | 2.9433 |