2017 VEF to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 VEF to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the VEF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 67.5129. Conversely, the yearly low was recorded on November 2, dropping to 57.4217.
This high-to-low spread represents a total annual volatility of 10.0912 CLP. From a start-to-finish perspective, comparing the January average rate of 66.0855 to the December average rate of 61.6875, the exchange rate registered a net change of -6.66% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 67.5129 was down 41.72% compared to the 2016 peak of 115.8470, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
VEF to CLP 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 65.8191, compared to 62.6944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1247 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 6.4808 CLP (High: 63.9025 / Low: 57.4217). On the other end, February was the most stable month, with a tight range of 1.1283 CLP (High: 65.1225 / Low: 63.9943).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.7738 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 66.0855) against the same month in 2016 (average: 114.0963), the exchange rate shifted by -48.0108 (-42.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 67.5129 | 64.8524 | 66.0855 |
| February | 65.1225 | 63.9943 | 64.3870 |
| March | 66.9685 | 65.2277 | 66.2375 |
| April | 66.4589 | 63.5554 | 65.2429 |
| May | 67.4620 | 65.4095 | 66.6915 |
| June | 67.0626 | 65.1855 | 66.2703 |
| July | 66.7848 | 63.6134 | 65.1958 |
| August | 64.5894 | 61.7752 | 63.4220 |
| September | 63.6854 | 60.9043 | 62.1677 |
| October | 63.6353 | 60.0370 | 62.3883 |
| November | 63.9025 | 57.4217 | 61.3052 |
| December | 65.1410 | 58.8967 | 61.6875 |