YEARLY HIGH
3568.9912 IRR
YEARLY LOW
3011.9105 IRR
YEARLY AVERAGE
3272.1431 IRR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 VEF based on timing:

Yearly Peak High 17,844,956 IRR
2016 Average 17,278,334 IRR
Yearly Trough Low 15,059,552 IRR
Transaction Impact: A difference of 2,785,403.50 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3449.2455
3150.0699
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 3225.1102
H2 Avg (Jul–Dec) 3319.1760

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±334.7034
March Spread (Stable) ±4.8195

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -19.5691

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (December) 3424.3142
2016 Avg (December) 3011.1563

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