2016 BTN to VEF Historical Review

YEARLY HIGH

0.1507 VEF

YEARLY LOW

0.0919 VEF

YEARLY AVERAGE

0.1350 VEF

2016 BTN to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BTN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.1507. Conversely, the yearly low was recorded on February 28, dropping to 0.0919.

This high-to-low spread represents a total annual volatility of 0.0588 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0940 to the December average rate of 0.1472, the exchange rate registered a net change of 56.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1507 was up 46.11% compared to the 2015 peak of 0.1031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 753 VEF

2015 Average 493 VEF

Yearly Trough Low 460 VEF

Transaction Impact: A difference of 293.76 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1558

0.0869

JanuMarcMayJulySeptNove

BTN 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 0.1214, compared to 0.1486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0272 points.

H1 Avg (Jan–Jun) 0.1214

H2 Avg (Jul–Dec) 0.1486

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0047 VEF (High: 0.1500 / Low: 0.1453). On the other end, October was the most stable month, with a tight range of 0.0009 VEF (High: 0.1501 / Low: 0.1492).

November Spread (Volatile) ±0.0047

October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0019 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.1500) against the same month in 2015 (average: 0.1008), the exchange rate shifted by +0.0492 (+48.77%).

2016 Avg (April) 0.1500

2015 Avg (April) 0.1008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0955	0.0928	0.0940
February	0.0934	0.0919	0.0926
March	0.0954	0.0928	0.0945
April	0.1507	0.1496	0.1500
May	0.1503	0.1475	0.1490
June	0.1495	0.1468	0.1482
July	0.1491	0.1479	0.1486
August	0.1495	0.1486	0.1491
September	0.1503	0.1489	0.1494
October	0.1501	0.1492	0.1495
November	0.1500	0.1453	0.1477
December	0.1481	0.1458	0.1472