2017 SZL to VEF Historical Review

YEARLY HIGH

0.8413 VEF

YEARLY LOW

0.6946 VEF

YEARLY AVERAGE

0.7593 VEF

2017 SZL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SZL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.8413. Conversely, the yearly low was recorded on November 13, dropping to 0.6946.

This high-to-low spread represents a total annual volatility of 0.1467 VEF. From a start-to-finish perspective, comparing the January average rate of 0.7373 to the December average rate of 0.7848, the exchange rate registered a net change of 6.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8413 was up 12.38% compared to the 2016 peak of 0.7486, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,206 VEF

2016 Average 3,117 VEF

Yearly Trough Low 3,473 VEF

Transaction Impact: A difference of 733.27 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7899

0.7280

JanuMarcMayJulySeptNove

SZL 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 0.7590, compared to 0.7597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.7590

H2 Avg (Jul–Dec) 0.7597

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.1139 VEF (High: 0.8413 / Low: 0.7273). On the other end, June was the most stable month, with a tight range of 0.0248 VEF (High: 0.7933 / Low: 0.7685).

December Spread (Volatile) ±0.1139

June Spread (Stable) ±0.0248

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0278 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.7848) against the same month in 2016 (average: 0.7197), the exchange rate shifted by +0.0651 (+9.04%).

2017 Avg (December) 0.7848

2016 Avg (December) 0.7197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7514	0.7243	0.7373
February	0.7717	0.7411	0.7564
March	0.8002	0.7452	0.7737
April	0.7839	0.7164	0.7470
May	0.7850	0.7383	0.7603
June	0.7933	0.7685	0.7793
July	0.7920	0.7419	0.7687
August	0.7887	0.7505	0.7668
September	0.7855	0.7361	0.7662
October	0.7570	0.7035	0.7384
November	0.7875	0.6946	0.7332
December	0.8413	0.7273	0.7848