2017 VEF to IQD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 VEF to IQD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the VEF to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 119.6409. Conversely, the yearly low was recorded on November 2, dropping to 106.0560.
This high-to-low spread represents a total annual volatility of 13.5849 IQD. From a start-to-finish perspective, comparing the January average rate of 118.2221 to the December average rate of 115.6263, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 119.6409 was down 31.41% compared to the 2016 peak of 174.4238, 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 IQD 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 117.1957, compared to 115.1715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0242 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 11.3245 IQD (High: 117.3805 / Low: 106.0560). On the other end, February was the most stable month, with a tight range of 1.6901 IQD (High: 119.4565 / Low: 117.7664).
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 2.6502 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 115.6263) against the same month in 2016 (average: 117.7561), the exchange rate shifted by -2.1298 (-1.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 119.1360 | 117.2046 | 118.2221 |
| February | 119.4565 | 117.7664 | 118.2871 |
| March | 118.4274 | 116.4583 | 117.6099 |
| April | 118.4274 | 114.3996 | 116.5106 |
| May | 118.3773 | 114.1803 | 116.1060 |
| June | 118.2591 | 114.4783 | 116.4386 |
| July | 118.3091 | 113.4436 | 115.6056 |
| August | 118.3682 | 112.3050 | 115.0236 |
| September | 118.4775 | 114.4705 | 116.3314 |
| October | 117.6887 | 110.0150 | 115.5462 |
| November | 117.3805 | 106.0560 | 112.8960 |
| December | 119.6409 | 110.2299 | 115.6263 |