2017 VEF to HNL Historical Review

YEARLY HIGH

2.3730 HNL

YEARLY LOW

2.1502 HNL

YEARLY AVERAGE

2.3245 HNL

2017 VEF to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 2.3730. Conversely, the yearly low was recorded on November 2, dropping to 2.1502.

This high-to-low spread represents a total annual volatility of 0.2228 HNL. From a start-to-finish perspective, comparing the January average rate of 2.3378 to the December average rate of 2.2961, the exchange rate registered a net change of -1.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.3730 was down 33.90% compared to the 2016 peak of 3.5903, 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 11,865 HNL

2016 Average 13,032 HNL

Yearly Trough Low 10,751 HNL

Transaction Impact: A difference of 1,114.12 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3648

2.2770

JanuMarcMayJulySeptNove

VEF to HNL 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 2.3404, compared to 2.3086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0317 points.

H1 Avg (Jan–Jun) 2.3404

H2 Avg (Jul–Dec) 2.3086

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.2203 HNL (High: 2.3705 / Low: 2.1502). On the other end, February was the most stable month, with a tight range of 0.0261 HNL (High: 2.3682 / Low: 2.3421).

November Spread (Volatile) ±0.2203

February Spread (Stable) ±0.0261

Growth Streaks & Declines

Trends

No 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 0.0408 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0408

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.2961) against the same month in 2016 (average: 2.3354), the exchange rate shifted by -0.0393 (-1.68%).

2017 Avg (December) 2.2961

2016 Avg (December) 2.3354

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3654	2.2840	2.3378
February	2.3682	2.3421	2.3575
March	2.3616	2.3225	2.3519
April	2.3552	2.2949	2.3315
May	2.3518	2.2963	2.3288
June	2.3517	2.2924	2.3346
July	2.3531	2.2817	2.3181
August	2.3421	2.2499	2.3005
September	2.3577	2.2972	2.3275
October	2.3667	2.2229	2.3251
November	2.3705	2.1502	2.2843
December	2.3730	2.1844	2.2961