YEARLY HIGH
2.6631 VEF
YEARLY LOW
2.2191 VEF
YEARLY AVERAGE
2.3509 VEF

2017 MYR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MYR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 2.6631. Conversely, the yearly low was recorded on January 4, dropping to 2.2191.

This high-to-low spread represents a total annual volatility of 0.4440 VEF. From a start-to-finish perspective, comparing the January average rate of 2.2399 to the December average rate of 2.5267, the exchange rate registered a net change of 12.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.6631 was up 3.16% compared to the 2016 peak of 2.5815, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 53,261 VEF
2016 Average 43,891 VEF
Yearly Trough Low 44,382 VEF
Transaction Impact: A difference of 8,879.01 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.5554
2.2112
JanuMarcMayJulySeptNove

MYR 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 2.2835, compared to 2.4184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1349 points.

H1 Avg (Jan–Jun) 2.2835
H2 Avg (Jul–Dec) 2.4184

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.2646 VEF (High: 2.6218 / Low: 2.3572). On the other end, February was the most stable month, with a tight range of 0.0167 VEF (High: 2.2579 / Low: 2.2412).

November Spread (Volatile) ±0.2646
February Spread (Stable) ±0.0167

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.5267) against the same month in 2016 (average: 2.2400), the exchange rate shifted by +0.2867 (+12.80%).

2017 Avg (December) 2.5267
2016 Avg (December) 2.2400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2564 2.2191 2.2399
February 2.2579 2.2412 2.2483
March 2.2643 2.2398 2.2503
April 2.3436 2.2507 2.2833
May 2.3801 2.2973 2.3331
June 2.3666 2.3283 2.3458
July 2.3748 2.3226 2.3533
August 2.4238 2.3355 2.3690
September 2.4262 2.3620 2.3895
October 2.5029 2.3564 2.3903
November 2.6218 2.3572 2.4815
December 2.6631 2.4413 2.5267