2017 MDL to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MDL to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MDL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.6324. Conversely, the yearly low was recorded on January 10, dropping to 0.4937.
This high-to-low spread represents a total annual volatility of 0.1387 VEF. From a start-to-finish perspective, comparing the January average rate of 0.4978 to the December average rate of 0.5997, the exchange rate registered a net change of 20.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 0.6324 was up 23.66% compared to the 2016 peak of 0.5114, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MDL 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 0.5202, compared to 0.5779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0577 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 0.0625 VEF (High: 0.6298 / Low: 0.5672). On the other end, February was the most stable month, with a tight range of 0.0054 VEF (High: 0.5034 / Low: 0.4980).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 0.5997) against the same month in 2016 (average: 0.4964), the exchange rate shifted by +0.1033 (+20.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.5017 | 0.4937 | 0.4978 |
| February | 0.5034 | 0.4980 | 0.5009 |
| March | 0.5149 | 0.4987 | 0.5075 |
| April | 0.5295 | 0.5123 | 0.5205 |
| May | 0.5617 | 0.5236 | 0.5432 |
| June | 0.5606 | 0.5454 | 0.5512 |
| July | 0.5634 | 0.5495 | 0.5575 |
| August | 0.5801 | 0.5581 | 0.5680 |
| September | 0.5779 | 0.5616 | 0.5699 |
| October | 0.6106 | 0.5724 | 0.5805 |
| November | 0.6298 | 0.5672 | 0.5919 |
| December | 0.6324 | 0.5804 | 0.5997 |