2018 MYR to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MYR to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MYR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 60728.7569. Conversely, the yearly low was recorded on January 1, dropping to 2.4585.
This high-to-low spread represents a total annual volatility of 60726.2984 VEF. From a start-to-finish perspective, comparing the January average rate of 2.5552 to the December average rate of 59558.7543, the exchange rate registered a net change of 2330739.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 60728.7569 was up 2280316.99% compared to the 2017 peak of 2.6631, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10768.5989, compared to 50935.2689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40166.6700 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 34543.2575 VEF (High: 60728.7569 / Low: 26185.4994). On the other end, January was the most stable month, with a tight range of 0.2464 VEF (High: 2.7049 / Low: 2.4585).
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 330.9455 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2018: 44392.2196) against the same month in 2017 (average: 2.3690), the exchange rate shifted by +44389.8506 (+1873783.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.7049 | 2.4585 | 2.5552 |
| February | 7392.4716 | 2.5530 | 4176.6485 |
| March | 10433.4115 | 7359.5284 | 9320.8133 |
| April | 17093.5583 | 10343.4736 | 12859.5449 |
| May | 20081.6686 | 17281.8833 | 18266.7931 |
| June | 20113.2788 | 19762.4597 | 19985.2385 |
| July | 26357.9131 | 19682.2269 | 22483.8858 |
| August | 60728.7569 | 26185.4994 | 44392.2196 |
| September | 60352.6133 | 59829.4507 | 60032.3988 |
| October | 60017.3210 | 59379.0677 | 59737.6503 |
| November | 59849.6264 | 59163.6398 | 59406.7048 |
| December | 60130.1010 | 59241.3022 | 59558.7543 |