VIX average value by year .... note the spike up in the crash years of 2008 and 2009 - and coincidentally identical values for 2005 and 2006. [pre] 2004 15.48 2005 12.81 2006 12.81 2007 17.54 2008 32.69 2009 31.48 2010 22.55 2011 24.20 2012 17.80