YEARLY HIGH
1.4637 VEF
YEARLY LOW
0.9122 VEF
YEARLY AVERAGE
1.3135 VEF

2016 BOB to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BOB to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 1.4637. Conversely, the yearly low was recorded on January 31, dropping to 0.9122.

This high-to-low spread represents a total annual volatility of 0.5516 VEF. From a start-to-finish perspective, comparing the January average rate of 0.9149 to the December average rate of 1.4430, the exchange rate registered a net change of 57.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.4637 was up 58.87% compared to the 2015 peak of 0.9214, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,319 VEF
2015 Average 4,575 VEF
Yearly Trough Low 4,561 VEF
Transaction Impact: A difference of 2,757.86 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.5037
0.8614
JanuMarcMayJulySeptNove

BOB 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 1.1834, compared to 1.4436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2602 points.

H1 Avg (Jan–Jun) 1.1834
H2 Avg (Jul–Dec) 1.4436

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0222 VEF (High: 1.4637 / Low: 1.4415). On the other end, January was the most stable month, with a tight range of 0.0044 VEF (High: 0.9165 / Low: 0.9122).

April Spread (Volatile) ±0.0222
January Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 1.4502) against the same month in 2015 (average: 0.9154), the exchange rate shifted by +0.5348 (+58.43%).

2016 Avg (April) 1.4502
2015 Avg (April) 0.9154

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9165 0.9122 0.9149
February 0.9210 0.9141 0.9168
March 0.9287 0.9207 0.9249
April 1.4637 1.4415 1.4502
May 1.4482 1.4407 1.4458
June 1.4522 1.4444 1.4478
July 1.4620 1.4418 1.4483
August 1.4461 1.4360 1.4421
September 1.4463 1.4381 1.4425
October 1.4498 1.4389 1.4429
November 1.4468 1.4372 1.4426
December 1.4482 1.4347 1.4430