2017 VEF to CVE Historical Review

YEARLY HIGH

10.5589 CVE

YEARLY LOW

8.6352 CVE

YEARLY AVERAGE

9.7212 CVE

2017 VEF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 10.5589. Conversely, the yearly low was recorded on November 2, dropping to 8.6352.

This high-to-low spread represents a total annual volatility of 1.9238 CVE. From a start-to-finish perspective, comparing the January average rate of 10.4056 to the December average rate of 9.0766, the exchange rate registered a net change of -12.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 10.5589 was down 34.92% compared to the 2016 peak of 16.2250, 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 52,795 CVE

2016 Average 57,156 CVE

Yearly Trough Low 43,176 CVE

Transaction Impact: A difference of 9,618.86 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

10.5403

8.9435

JanuMarcMayJulySeptNove

VEF to CVE 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 10.2015, compared to 9.2410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9605 points.

H1 Avg (Jan–Jun) 10.2015

H2 Avg (Jul–Dec) 9.2410

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.9166 CVE (High: 9.5518 / Low: 8.6352). On the other end, February was the most stable month, with a tight range of 0.2405 CVE (High: 10.4957 / Low: 10.2552).

November Spread (Volatile) ±0.9166

February Spread (Stable) ±0.2405

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 April and May, when the average rate fell by 0.3346 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3346

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 10.4056) against the same month in 2016 (average: 16.0574), the exchange rate shifted by -5.6518 (-35.20%).

2017 Avg (January) 10.4056

2016 Avg (January) 16.0574

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.5589	10.2426	10.4056
February	10.4957	10.2552	10.4072
March	10.5333	10.1852	10.3614
April	10.4657	9.9699	10.2739
May	10.1702	9.6810	9.9393
June	9.9350	9.5454	9.8213
July	9.7095	9.2175	9.5000
August	9.3697	9.0414	9.2216
September	9.4011	9.0802	9.2231
October	9.5643	8.9698	9.3011
November	9.5518	8.6352	9.1235
December	9.4231	8.6608	9.0766