2017 ZAR to VEF Historical Review

YEARLY HIGH

0.8355 VEF

YEARLY LOW

0.6935 VEF

YEARLY AVERAGE

0.7596 VEF

2017 ZAR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.8355. Conversely, the yearly low was recorded on November 12, dropping to 0.6935.

This high-to-low spread represents a total annual volatility of 0.1420 VEF. From a start-to-finish perspective, comparing the January average rate of 0.7354 to the December average rate of 0.7882, the exchange rate registered a net change of 7.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8355 was up 11.19% compared to the 2016 peak of 0.7514, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 41,775 VEF

2016 Average 31,168 VEF

Yearly Trough Low 34,676 VEF

Transaction Impact: A difference of 7,098.64 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7936

0.7288

JanuMarcMayJulySeptNove

ZAR to VEF 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 0.7590, compared to 0.7603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.7590

H2 Avg (Jul–Dec) 0.7603

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.1101 VEF (High: 0.8355 / Low: 0.7254). On the other end, June was the most stable month, with a tight range of 0.0234 VEF (High: 0.7912 / Low: 0.7678).

December Spread (Volatile) ±0.1101

June Spread (Stable) ±0.0234

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 September and October, when the average rate fell by 0.0273 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0273

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.7882) against the same month in 2016 (average: 0.7205), the exchange rate shifted by +0.0677 (+9.40%).

2017 Avg (December) 0.7882

2016 Avg (December) 0.7205

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7545	0.7228	0.7354
February	0.7761	0.7423	0.7581
March	0.8049	0.7421	0.7732
April	0.7785	0.7172	0.7488
May	0.7860	0.7412	0.7600
June	0.7912	0.7678	0.7783
July	0.7879	0.7425	0.7693
August	0.7854	0.7504	0.7665
September	0.7886	0.7390	0.7654
October	0.7608	0.7070	0.7380
November	0.7854	0.6935	0.7342
December	0.8355	0.7254	0.7882