2017 VEF to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 VEF to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the VEF to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 1359.4776. Conversely, the yearly low was recorded on November 2, dropping to 1232.1615.
This high-to-low spread represents a total annual volatility of 127.3161 IDR. From a start-to-finish perspective, comparing the January average rate of 1338.3993 to the December average rate of 1316.3663, the exchange rate registered a net change of -1.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 1359.4776 was down 38.43% compared to the 2016 peak of 2208.1912, 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 IDR 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 1330.1700, compared to 1319.8163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.3537 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 122.4127 IDR (High: 1354.5742 / Low: 1232.1615). On the other end, February was the most stable month, with a tight range of 7.2579 IDR (High: 1338.5716 / Low: 1331.3137).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 30.1554 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2017: 1337.5663) against the same month in 2016 (average: 1305.2625), the exchange rate shifted by +32.3037 (+2.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1352.5140 | 1329.6729 | 1338.3993 |
| February | 1338.5716 | 1331.3137 | 1335.0545 |
| March | 1339.5834 | 1332.1717 | 1335.9744 |
| April | 1334.6801 | 1307.0288 | 1323.2818 |
| May | 1335.7694 | 1306.4875 | 1322.5857 |
| June | 1333.7786 | 1311.5288 | 1325.7244 |
| July | 1342.5273 | 1307.9872 | 1321.3055 |
| August | 1336.4104 | 1285.9671 | 1314.9016 |
| September | 1350.2288 | 1297.1840 | 1321.3473 |
| October | 1359.4776 | 1278.5436 | 1337.5663 |
| November | 1354.5742 | 1232.1615 | 1307.4109 |
| December | 1358.1317 | 1248.2660 | 1316.3663 |