2017 VEF to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 VEF to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the VEF to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 10, valuing the pair at 51.6203. Conversely, the yearly low was recorded on May 30, dropping to 21.0237.
This high-to-low spread represents a total annual volatility of 30.5966 SYP. From a start-to-finish perspective, comparing the January average rate of 21.4294 to the December average rate of 50.0263, the exchange rate registered a net change of 133.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 51.6203 was up 48.04% compared to the 2016 peak of 34.8688, 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 SYP 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 21.3849, compared to 44.2205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.8356 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 30.3606 SYP (High: 51.5545 / Low: 21.1939). On the other end, February was the most stable month, with a tight range of 0.0348 SYP (High: 21.4792 / Low: 21.4444).
Growth Streaks & Declines
TrendsBetween July and September, 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 1.1328 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 51.1525) against the same month in 2016 (average: 21.4728), the exchange rate shifted by +29.6797 (+138.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.4732 | 21.3630 | 21.4294 |
| February | 21.4792 | 21.4444 | 21.4608 |
| March | 21.4848 | 21.4391 | 21.4589 |
| April | 21.4678 | 21.0647 | 21.3151 |
| May | 21.4775 | 21.0237 | 21.2839 |
| June | 21.4695 | 21.1201 | 21.3610 |
| July | 21.4829 | 21.0655 | 21.2406 |
| August | 51.5545 | 21.1939 | 42.1230 |
| September | 51.6203 | 50.6374 | 51.1525 |
| October | 51.5762 | 48.6246 | 50.9565 |
| November | 51.5868 | 46.8848 | 49.8238 |
| December | 51.5783 | 47.4022 | 50.0263 |