2016 ETB to VEF Historical Review

YEARLY HIGH

0.4640 VEF

YEARLY LOW

0.2933 VEF

YEARLY AVERAGE

0.4142 VEF

2016 ETB to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 0.4640. Conversely, the yearly low was recorded on March 31, dropping to 0.2933.

This high-to-low spread represents a total annual volatility of 0.1707 VEF. From a start-to-finish perspective, comparing the January average rate of 0.2975 to the December average rate of 0.4460, the exchange rate registered a net change of 49.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4640 was up 48.10% compared to the 2015 peak of 0.3133, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,320 VEF

2015 Average 1,527 VEF

Yearly Trough Low 1,466 VEF

Transaction Impact: A difference of 853.48 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4793

0.2790

JanuMarcMayJulySeptNove

ETB 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 0.3782, compared to 0.4501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0719 points.

H1 Avg (Jan–Jun) 0.3782

H2 Avg (Jul–Dec) 0.4501

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0069 VEF (High: 0.4626 / Low: 0.4557). On the other end, April was the most stable month, with a tight range of 0.0028 VEF (High: 0.4640 / Low: 0.4612).

May Spread (Volatile) ±0.0069

April Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0028 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.4626) against the same month in 2015 (average: 0.3089), the exchange rate shifted by +0.1537 (+49.76%).

2016 Avg (April) 0.4626

2015 Avg (April) 0.3089

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2984	0.2952	0.2975
February	0.2980	0.2949	0.2965
March	0.2969	0.2933	0.2957
April	0.4640	0.4612	0.4626
May	0.4626	0.4557	0.4598
June	0.4587	0.4553	0.4573
July	0.4578	0.4524	0.4548
August	0.4537	0.4501	0.4522
September	0.4530	0.4497	0.4514
October	0.4513	0.4474	0.4495
November	0.4487	0.4453	0.4471
December	0.4494	0.4435	0.4460