2017 VEF to BTN Historical Review

YEARLY HIGH

6.8323 BTN

YEARLY LOW

5.6813 BTN

YEARLY AVERAGE

6.4467 BTN

2017 VEF to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 6.8323. Conversely, the yearly low was recorded on August 19, dropping to 5.6813.

This high-to-low spread represents a total annual volatility of 1.1510 BTN. From a start-to-finish perspective, comparing the January average rate of 6.8173 to the December average rate of 6.2408, the exchange rate registered a net change of -8.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 6.8323 was down 37.19% compared to the 2016 peak of 10.8784, 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 34,161 BTN

2016 Average 38,527 BTN

Yearly Trough Low 28,406 BTN

Transaction Impact: A difference of 5,755.07 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

6.8750

6.1832

JanuMarcMayJulySeptNove

VEF to BTN 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 6.5621, compared to 6.3313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2308 points.

H1 Avg (Jan–Jun) 6.5621

H2 Avg (Jul–Dec) 6.3313

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.7368 BTN (High: 6.4180 / Low: 5.6813). On the other end, January was the most stable month, with a tight range of 0.0354 BTN (High: 6.8323 / Low: 6.7969).

August Spread (Volatile) ±0.7368

January Spread (Stable) ±0.0354

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.1822 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1822

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 6.8173) against the same month in 2016 (average: 10.6429), the exchange rate shifted by -3.8256 (-35.94%).

2017 Avg (January) 6.8173

2016 Avg (January) 10.6429

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.8323	6.7969	6.8173
February	6.7969	6.6859	6.7143
March	6.6875	6.4936	6.6023
April	6.5079	6.3052	6.4201
May	6.4860	6.3030	6.3965
June	6.4646	6.3534	6.4220
July	6.4757	6.3236	6.3862
August	6.4180	5.6813	6.2512
September	6.5758	6.2890	6.3957
October	6.5147	6.1213	6.4408
November	6.5114	5.8981	6.2732
December	6.4603	5.9186	6.2408