2015 BHD to VEF Historical Review

YEARLY HIGH

16.8555 VEF

YEARLY LOW

16.6750 VEF

YEARLY AVERAGE

16.7540 VEF

2015 BHD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BHD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 16.8555. Conversely, the yearly low was recorded on March 18, dropping to 16.6750.

This high-to-low spread represents a total annual volatility of 0.1805 VEF. From a start-to-finish perspective, comparing the January average rate of 16.7492 to the December average rate of 16.7585, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 16.8555 was up 0.47% compared to the 2014 peak of 16.7760, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BHD based on timing:

Yearly Peak High 84,277 VEF

2014 Average 83,494 VEF

Yearly Trough Low 83,375 VEF

Transaction Impact: A difference of 902.54 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

16.7688

16.7464

JanuMarcMayJulySeptNove

BHD 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 16.7535, compared to 16.7546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 16.7535

H2 Avg (Jul–Dec) 16.7546

Volatility Range Comparison

Volatility

The most volatile month in 2015 was April, with a trading range of 0.1093 VEF (High: 16.8555 / Low: 16.7462). On the other end, July was the most stable month, with a tight range of 0.0142 VEF (High: 16.7651 / Low: 16.7509).

April Spread (Volatile) ±0.1093

July Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0144 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 16.7669) against the same month in 2014 (average: 16.6888), the exchange rate shifted by +0.0781 (+0.47%).

2015 Avg (April) 16.7669

2014 Avg (April) 16.6888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.7993	16.7004	16.7492
February	16.7758	16.7187	16.7486
March	16.7834	16.6750	16.7491
April	16.8555	16.7462	16.7669
May	16.7608	16.7125	16.7525
June	16.7625	16.7005	16.7547
July	16.7651	16.7509	16.7609
August	16.7653	16.7342	16.7526
September	16.7555	16.7379	16.7482
October	16.7638	16.7396	16.7531
November	16.7891	16.7370	16.7540
December	16.7782	16.7405	16.7585