2018 SGD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SGD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SGD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 182411.5489. Conversely, the yearly low was recorded on January 1, dropping to 7.4654.
This high-to-low spread represents a total annual volatility of 182404.0835 VEF. From a start-to-finish perspective, comparing the January average rate of 7.6455 to the December average rate of 181241.2783, the exchange rate registered a net change of 2370459.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 182411.5489 was up 2256448.18% compared to the 2017 peak of 8.0837, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SGD 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 31915.0923, compared to 153819.6777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 121904.5854 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 104239.1364 VEF (High: 182411.5489 / Low: 78172.4124). On the other end, January was the most stable month, with a tight range of 0.5505 VEF (High: 8.0159 / Low: 7.4654).
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 September and October, when the average rate fell by 1106.6292 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2018: 132863.6331) against the same month in 2017 (average: 7.4580), the exchange rate shifted by +132856.1750 (+1781382.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.0159 | 7.4654 | 7.6455 |
| February | 21870.0280 | 7.5500 | 12392.9820 |
| March | 30761.0017 | 21900.8518 | 27666.2199 |
| April | 50521.3055 | 30566.8105 | 37995.0214 |
| May | 59691.6040 | 51556.9588 | 54163.1319 |
| June | 59976.0696 | 58389.7865 | 59265.5529 |
| July | 78435.6188 | 58363.8544 | 66813.3451 |
| August | 182411.5489 | 78172.4124 | 132863.6331 |
| September | 182177.3656 | 180156.6627 | 181194.8498 |
| October | 181116.0856 | 179337.0838 | 180088.2206 |
| November | 181397.5697 | 179460.4202 | 180716.7393 |
| December | 182337.1742 | 180455.6730 | 181241.2783 |