2016 BIF to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BIF to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BIF to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0065. Conversely, the yearly low was recorded on January 31, dropping to 0.0040.
This high-to-low spread represents a total annual volatility of 0.0024 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0040 to the December average rate of 0.0060, the exchange rate registered a net change of 47.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 0.0065 was up 57.14% compared to the 2015 peak of 0.0041, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BIF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BIF to VEF 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 0.0052, compared to 0.0060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 0.0005 VEF (High: 0.0064 / Low: 0.0059). On the other end, November was the most stable month, with a tight range of 0.0000 VEF (High: 0.0060 / Low: 0.0059).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0002 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2016: 0.0064) against the same month in 2015 (average: 0.0040), the exchange rate shifted by +0.0024 (+59.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0041 | 0.0040 | 0.0040 |
| February | 0.0041 | 0.0040 | 0.0041 |
| March | 0.0041 | 0.0040 | 0.0041 |
| April | 0.0065 | 0.0064 | 0.0064 |
| May | 0.0064 | 0.0064 | 0.0064 |
| June | 0.0064 | 0.0059 | 0.0062 |
| July | 0.0061 | 0.0060 | 0.0060 |
| August | 0.0060 | 0.0060 | 0.0060 |
| September | 0.0060 | 0.0060 | 0.0060 |
| October | 0.0060 | 0.0060 | 0.0060 |
| November | 0.0060 | 0.0059 | 0.0060 |
| December | 0.0060 | 0.0059 | 0.0060 |