2017 VEF to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 VEF to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the VEF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 3568.9912. Conversely, the yearly low was recorded on January 6, dropping to 3011.9105.
This high-to-low spread represents a total annual volatility of 557.0807 IRR. From a start-to-finish perspective, comparing the January average rate of 3175.0012 to the December average rate of 3424.3142, the exchange rate registered a net change of 7.85% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3568.9912 was down 25.54% compared to the 2016 peak of 4793.3347, 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 IRR 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 3225.1102, compared to 3319.1760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 94.0658 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 334.7034 IRR (High: 3481.9152 / Low: 3147.2118). On the other end, March was the most stable month, with a tight range of 4.8195 IRR (High: 3248.4740 / Low: 3243.6545).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 19.5691 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 3424.3142) against the same month in 2016 (average: 3011.1563), the exchange rate shifted by +413.1579 (+13.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3243.6630 | 3011.9105 | 3175.0012 |
| February | 3247.2880 | 3239.2765 | 3244.0295 |
| March | 3248.4740 | 3243.6545 | 3246.6833 |
| April | 3250.1180 | 3189.0109 | 3227.1142 |
| May | 3251.2197 | 3184.0957 | 3222.6641 |
| June | 3251.8707 | 3199.3457 | 3235.1687 |
| July | 3270.7990 | 3206.8586 | 3230.0436 |
| August | 3292.5816 | 3164.9550 | 3237.6653 |
| September | 3353.2725 | 3272.4600 | 3308.7712 |
| October | 3439.0457 | 3264.1825 | 3357.5961 |
| November | 3481.9152 | 3147.2118 | 3356.6655 |
| December | 3568.9912 | 3240.7290 | 3424.3142 |