2018 VEF to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 VEF to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the VEF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 3701.3188. Conversely, the yearly low was recorded on December 31, dropping to 0.1694.
This high-to-low spread represents a total annual volatility of 3701.1494 IRR. From a start-to-finish perspective, comparing the January average rate of 3567.9260 to the December average rate of 0.1701, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 3701.3188 was up 3.71% compared to the 2017 peak of 3568.9912, 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 2018.
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 813.0224, compared to 0.2382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 812.7843 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was February, with a trading range of 3700.0326 IRR (High: 3701.3188 / Low: 1.2862). On the other end, November was the most stable month, with a tight range of 0.0001 IRR (High: 0.1711 / Low: 0.1710).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2260.6375 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 1307.2885) against the same month in 2017 (average: 3244.0295), the exchange rate shifted by -1936.7410 (-59.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3693.8231 | 3446.4466 | 3567.9260 |
| February | 3701.3188 | 1.2862 | 1307.2885 |
| March | 1.2896 | 0.9336 | 1.0413 |
| April | 0.9354 | 0.5601 | 0.7879 |
| May | 0.6019 | 0.5267 | 0.5606 |
| June | 0.5333 | 0.5278 | 0.5301 |
| July | 0.5440 | 0.4084 | 0.4844 |
| August | 0.4118 | 0.1737 | 0.2585 |
| September | 0.1738 | 0.1737 | 0.1737 |
| October | 0.1737 | 0.1710 | 0.1711 |
| November | 0.1711 | 0.1710 | 0.1710 |
| December | 0.1711 | 0.1694 | 0.1701 |