YEARLY HIGH
1.5634 MVR
YEARLY LOW
1.3724 MVR
YEARLY AVERAGE
1.5287 MVR

2017 VEF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 1.5634. Conversely, the yearly low was recorded on August 19, dropping to 1.3724.

This high-to-low spread represents a total annual volatility of 0.1910 MVR. From a start-to-finish perspective, comparing the January average rate of 1.5389 to the December average rate of 1.4964, the exchange rate registered a net change of -2.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.5634 was down 35.64% compared to the 2016 peak of 2.4289, 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 7,817 MVR
2016 Average 8,752 MVR
Yearly Trough Low 6,862 MVR
Transaction Impact: A difference of 954.92 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.5583
1.4793
JanuMarcMayJulySeptNove

VEF to MVR 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 1.5435, compared to 1.5138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0297 points.

H1 Avg (Jan–Jun) 1.5435
H2 Avg (Jul–Dec) 1.5138

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1750 MVR (High: 1.5473 / Low: 1.3724). On the other end, March was the most stable month, with a tight range of 0.0167 MVR (High: 1.5616 / Low: 1.5448).

August Spread (Volatile) ±0.1750
March Spread (Stable) ±0.0167

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 0.0384 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0384

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 1.5509) against the same month in 2016 (average: 1.5321), the exchange rate shifted by +0.0188 (+1.23%).

2017 Avg (June) 1.5509
2016 Avg (June) 1.5321

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5455 1.5288 1.5389
February 1.5588 1.5358 1.5477
March 1.5616 1.5448 1.5517
April 1.5543 1.5128 1.5356
May 1.5623 1.5075 1.5363
June 1.5634 1.5243 1.5509
July 1.5533 1.5193 1.5336
August 1.5473 1.3724 1.5117
September 1.5473 1.5142 1.5310
October 1.5425 1.4541 1.5243
November 1.5423 1.4020 1.4859
December 1.5423 1.4176 1.4964