2018 MRO to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MRO to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MRO to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 1194.5755. Conversely, the yearly low was recorded on February 4, dropping to 0.0281.
This high-to-low spread represents a total annual volatility of 1194.5474 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0285 to the December average rate of 696.0438, the exchange rate registered a net change of 2444555.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 1194.5755 was up 3858544.00% compared to the 2017 peak of 0.0310, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MRO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MRO 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 119.5917, compared to 596.8993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 477.3076 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 499.5498 VEF (High: 1194.5755 / Low: 695.0258). On the other end, December was the most stable month, with a tight range of 0.0000 VEF (High: 696.0438 / Low: 696.0438).
Growth Streaks & Declines
TrendsBetween January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 32.1372 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 728.1971) against the same month in 2017 (average: 0.0280), the exchange rate shifted by +728.1691 (+2600681.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0295 | 0.0281 | 0.0285 |
| February | 81.4698 | 0.0281 | 45.9799 |
| March | 113.3564 | 81.2500 | 102.2903 |
| April | 188.3662 | 113.0380 | 140.7545 |
| May | 224.7609 | 193.5393 | 203.9128 |
| June | 224.7679 | 224.1234 | 224.5843 |
| July | 299.5312 | 224.1234 | 255.6984 |
| August | 696.9753 | 299.1105 | 509.7220 |
| September | 696.9753 | 695.0258 | 695.6749 |
| October | 1194.5755 | 695.0258 | 728.1971 |
| November | 696.2682 | 695.9316 | 696.0598 |
| December | 696.0438 | 696.0438 | 696.0438 |