2017 VEF to BAM Historical Review

YEARLY HIGH

0.1884 BAM

YEARLY LOW

0.1527 BAM

YEARLY AVERAGE

0.1719 BAM

2017 VEF to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1884. Conversely, the yearly low was recorded on November 2, dropping to 0.1527.

This high-to-low spread represents a total annual volatility of 0.0357 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1843 to the December average rate of 0.1604, the exchange rate registered a net change of -12.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1884 was down 34.39% compared to the 2016 peak of 0.2871, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 942 BAM

2016 Average 1,014 BAM

Yearly Trough Low 764 BAM

Transaction Impact: A difference of 178.27 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1867

0.1581

JanuMarcMayJulySeptNove

VEF to BAM 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 0.1804, compared to 0.1634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 0.1804

H2 Avg (Jul–Dec) 0.1634

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0160 BAM (High: 0.1688 / Low: 0.1527). On the other end, February was the most stable month, with a tight range of 0.0045 BAM (High: 0.1856 / Low: 0.1811).

November Spread (Volatile) ±0.0160

February Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0060 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1843) against the same month in 2016 (average: 0.2848), the exchange rate shifted by -0.1005 (-35.29%).

2017 Avg (January) 0.1843

2016 Avg (January) 0.2848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1884	0.1818	0.1843
February	0.1856	0.1811	0.1839
March	0.1864	0.1802	0.1832
April	0.1851	0.1764	0.1817
May	0.1802	0.1710	0.1757
June	0.1757	0.1686	0.1737
July	0.1718	0.1642	0.1681
August	0.1658	0.1601	0.1632
September	0.1662	0.1603	0.1630
October	0.1687	0.1585	0.1646
November	0.1688	0.1527	0.1612
December	0.1667	0.1532	0.1604