2017 VEF to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 VEF to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the VEF to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 952.3809. Conversely, the yearly low was recorded on November 2, dropping to 821.0831.
This high-to-low spread represents a total annual volatility of 131.2978 GNF. From a start-to-finish perspective, comparing the January average rate of 937.7880 to the December average rate of 876.0673, the exchange rate registered a net change of -6.58% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 952.3809 was down 23.07% compared to the 2016 peak of 1238.0558, 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 GNF 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 924.4344, compared to 883.4179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 41.0165 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 81.6934 GNF (High: 902.7765 / Low: 821.0831). On the other end, March was the most stable month, with a tight range of 18.4284 GNF (High: 941.8509 / Low: 923.4225).
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 October and November, when the average rate fell by 16.3696 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 937.7880) against the same month in 2016 (average: 1223.9948), the exchange rate shifted by -286.2069 (-23.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 952.3809 | 923.8838 | 937.7880 |
| February | 946.1922 | 923.3830 | 938.7596 |
| March | 941.8509 | 923.4225 | 933.9464 |
| April | 937.3690 | 888.9891 | 922.1890 |
| May | 926.9181 | 890.2011 | 910.1199 |
| June | 915.3009 | 887.9310 | 903.8036 |
| July | 910.4300 | 874.0135 | 892.3464 |
| August | 895.4712 | 856.0771 | 880.3551 |
| September | 901.6505 | 876.7591 | 890.7176 |
| October | 904.0207 | 851.3004 | 888.6954 |
| November | 902.7765 | 821.0831 | 872.3257 |
| December | 905.9302 | 828.8958 | 876.0673 |