2018 TOP to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 TOP to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the TOP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 110338.4215. Conversely, the yearly low was recorded on January 2, dropping to 4.3960.
This high-to-low spread represents a total annual volatility of 110334.0255 VEF. From a start-to-finish perspective, comparing the January average rate of 4.4969 to the December average rate of 109123.6990, the exchange rate registered a net change of 2426535.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 110338.4215 was up 2275580.79% compared to the 2017 peak of 4.8486, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
TOP 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 18870.8127, compared to 91800.4427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 72929.6300 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 61452.5169 VEF (High: 107538.4646 / Low: 46085.9477). On the other end, September was the most stable month, with a tight range of 0.0000 VEF (High: 107538.4646 / Low: 107538.4646).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 109123.6990) against the same month in 2017 (average: 4.5029), the exchange rate shifted by +109119.1961 (+2423303.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.6712 | 4.3960 | 4.4969 |
| February | 13058.4505 | 4.5250 | 7370.7939 |
| March | 18202.7997 | 13042.6686 | 16360.1545 |
| April | 30247.8998 | 17981.9632 | 22500.5369 |
| May | 35037.4145 | 30382.1913 | 32019.9875 |
| June | 35184.9234 | 34648.1414 | 34968.9063 |
| July | 46122.8773 | 34206.3590 | 39332.1583 |
| August | 107538.4646 | 46085.9477 | 78691.4678 |
| September | 107538.4646 | 107538.4646 | 107538.4646 |
| October | 108025.3538 | 107538.4646 | 107797.9317 |
| November | 108525.2895 | 107870.5445 | 108318.9347 |
| December | 110338.4215 | 108340.7529 | 109123.6990 |