YEARLY HIGH
177.1886 BIF
YEARLY LOW
159.5948 BIF
YEARLY AVERAGE
170.5921 BIF

2017 VEF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 177.1886. Conversely, the yearly low was recorded on November 2, dropping to 159.5948.

This high-to-low spread represents a total annual volatility of 17.5938 BIF. From a start-to-finish perspective, comparing the January average rate of 168.2121 to the December average rate of 170.8353, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 177.1886 was down 28.91% compared to the 2016 peak of 249.2536, 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 885,943 BIF
2016 Average 922,750 BIF
Yearly Trough Low 797,974 BIF
Transaction Impact: A difference of 87,968.87 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

174.0476
167.6816
JanuMarcMayJulySeptNove

VEF to BIF 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 169.5519, compared to 171.6322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0803 points.

H1 Avg (Jan–Jun) 169.5519
H2 Avg (Jul–Dec) 171.6322

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 16.6867 BIF (High: 176.2815 / Low: 159.5948). On the other end, February was the most stable month, with a tight range of 2.7391 BIF (High: 170.8559 / Low: 168.1168).

November Spread (Volatile) ±16.6867
February Spread (Stable) ±2.7391

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.6661 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.6661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 170.8353) against the same month in 2016 (average: 167.7509), the exchange rate shifted by +3.0844 (+1.84%).

2017 Avg (December) 170.8353
2016 Avg (December) 167.7509

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 170.1700 166.9239 168.2121
February 170.8559 168.1168 169.5227
March 172.0794 168.0911 169.8186
April 171.2565 166.4722 168.8043
May 171.3567 166.5057 169.1088
June 172.9821 169.4750 171.8450
July 173.1173 168.4879 170.8794
August 174.0076 167.4320 171.3191
September 175.9674 170.8392 173.3913
October 175.9466 165.4908 173.5171
November 176.2815 159.5948 169.8510
December 177.1886 162.9257 170.8353