2017 VEF to ETB Historical Review

YEARLY HIGH

2.7564 ETB

YEARLY LOW

2.2332 ETB

YEARLY AVERAGE

2.3716 ETB

2017 VEF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 2.7564. Conversely, the yearly low was recorded on January 5, dropping to 2.2332.

This high-to-low spread represents a total annual volatility of 0.5232 ETB. From a start-to-finish perspective, comparing the January average rate of 2.2592 to the December average rate of 2.6577, the exchange rate registered a net change of 17.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.7564 was down 19.16% compared to the 2016 peak of 3.4098, 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 13,782 ETB

2016 Average 12,480 ETB

Yearly Trough Low 11,166 ETB

Transaction Impact: A difference of 2,616.18 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.6975

2.2194

JanuMarcMayJulySeptNove

VEF to ETB 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 2.2773, compared to 2.4659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1886 points.

H1 Avg (Jan–Jun) 2.2773

H2 Avg (Jul–Dec) 2.4659

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.4398 ETB (High: 2.7369 / Low: 2.2971). On the other end, January was the most stable month, with a tight range of 0.0430 ETB (High: 2.2761 / Low: 2.2332).

October Spread (Volatile) ±0.4398

January Spread (Stable) ±0.0430

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0025 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.6577) against the same month in 2016 (average: 2.2423), the exchange rate shifted by +0.4154 (+18.53%).

2017 Avg (December) 2.6577

2016 Avg (December) 2.2423

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2761	2.2332	2.2592
February	2.2883	2.2428	2.2698
March	2.2985	2.2541	2.2758
April	2.3050	2.2406	2.2733
May	2.3210	2.2504	2.2839
June	2.3312	2.2630	2.3016
July	2.3378	2.2555	2.3013
August	2.3380	2.2350	2.2993
September	2.3690	2.3038	2.3349
October	2.7369	2.2971	2.5604
November	2.7421	2.4900	2.6420
December	2.7564	2.5256	2.6577