2017 VEF to MRO Historical Review

YEARLY HIGH

36.6434 MRO

YEARLY LOW

32.3014 MRO

YEARLY AVERAGE

35.6479 MRO

2017 VEF to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 36.6434. Conversely, the yearly low was recorded on November 2, dropping to 32.3014.

This high-to-low spread represents a total annual volatility of 4.3420 MRO. From a start-to-finish perspective, comparing the January average rate of 35.9069 to the December average rate of 34.5162, the exchange rate registered a net change of -3.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 36.6434 was down 33.25% compared to the 2016 peak of 54.8945, 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 183,217 MRO

2016 Average 200,406 MRO

Yearly Trough Low 161,507 MRO

Transaction Impact: A difference of 21,709.94 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

36.4832

34.1370

JanuMarcMayJulySeptNove

VEF to MRO 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 35.8801, compared to 35.4157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4644 points.

H1 Avg (Jan–Jun) 35.8801

H2 Avg (Jul–Dec) 35.4157

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 3.4019 MRO (High: 35.7033 / Low: 32.3014). On the other end, February was the most stable month, with a tight range of 0.3762 MRO (High: 36.1441 / Low: 35.7678).

November Spread (Volatile) ±3.4019

February Spread (Stable) ±0.3762

Growth Streaks & Declines

Trends

Between January and March, 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 1.3945 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3945

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 36.2877) against the same month in 2016 (average: 35.6659), the exchange rate shifted by +0.6218 (+1.74%).

2017 Avg (September) 36.2877

2016 Avg (September) 35.6659

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.1438	35.7242	35.9069
February	36.1441	35.7678	35.9448
March	36.1265	35.6200	35.9657
April	36.1676	35.2204	35.8193
May	36.2547	35.2760	35.7399
June	36.2681	35.2869	35.9040
July	36.3326	35.3582	35.8077
August	36.4767	35.1261	35.8231
September	36.6434	35.8276	36.2877
October	36.5912	33.4990	35.7271
November	35.7033	32.3014	34.3325
December	35.7094	32.8336	34.5162