2017 QAR to VEF Historical Review

YEARLY HIGH

2.9805 VEF

YEARLY LOW

2.6037 VEF

YEARLY AVERAGE

2.7469 VEF

2017 QAR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 2.9805. Conversely, the yearly low was recorded on November 12, dropping to 2.6037.

This high-to-low spread represents a total annual volatility of 0.3768 VEF. From a start-to-finish perspective, comparing the January average rate of 2.7429 to the December average rate of 2.8087, the exchange rate registered a net change of 2.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.9805 was up 8.01% compared to the 2016 peak of 2.7594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 14,902 VEF

2016 Average 12,452 VEF

Yearly Trough Low 13,018 VEF

Transaction Impact: A difference of 1,884.16 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.8192

2.6926

JanuMarcMayJulySeptNove

QAR 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 2.7477, compared to 2.7461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 2.7477

H2 Avg (Jul–Dec) 2.7461

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.3756 VEF (High: 2.9792 / Low: 2.6037). On the other end, February was the most stable month, with a tight range of 0.0030 VEF (High: 2.7449 / Low: 2.7419).

November Spread (Volatile) ±0.3756

February Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0540 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.8087) against the same month in 2016 (average: 2.7429), the exchange rate shifted by +0.0658 (+2.40%).

2017 Avg (December) 2.8087

2016 Avg (December) 2.7429

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7451	2.7401	2.7429
February	2.7449	2.7419	2.7430
March	2.7451	2.7419	2.7431
April	2.7945	2.7419	2.7616
May	2.7998	2.7416	2.7662
June	2.7798	2.6656	2.7294
July	2.7915	2.7060	2.7531
August	2.8543	2.7142	2.7737
September	2.7438	2.6878	2.7196
October	2.7972	2.6401	2.7031
November	2.9792	2.6037	2.7184
December	2.9805	2.6914	2.8087