2019 ETB to VEF Historical Review

YEARLY HIGH

8841.8882 VEF

YEARLY LOW

7774.7510 VEF

YEARLY AVERAGE

8514.4514 VEF

2019 ETB to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 8841.8882. Conversely, the yearly low was recorded on December 31, dropping to 7774.7510.

This high-to-low spread represents a total annual volatility of 1067.1372 VEF. From a start-to-finish perspective, comparing the January average rate of 8762.1025 to the December average rate of 7894.0844, the exchange rate registered a net change of -9.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 8841.8882 was down 2.16% compared to the 2018 peak of 9036.7357, 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 44,209,441 VEF

2018 Average 22,903,191 VEF

Yearly Trough Low 38,873,755 VEF

Transaction Impact: A difference of 5,335,686.03 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

8848.9043

7807.2825

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 8668.0267, compared to 8360.8761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 307.1507 points.

H1 Avg (Jan–Jun) 8668.0267

H2 Avg (Jul–Dec) 8360.8761

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 395.4306 VEF (High: 8170.1816 / Low: 7774.7510). On the other end, March was the most stable month, with a tight range of 102.3061 VEF (High: 8766.4499 / Low: 8664.1437).

December Spread (Volatile) ±395.4306

March Spread (Stable) ±102.3061

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 412.5479 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -412.5479

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 8762.1025) against the same month in 2018 (average: 0.3681), the exchange rate shifted by +8761.7344 (+2380431.45%).

2019 Avg (January) 8762.1025

2018 Avg (January) 0.3681

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8841.8882	8709.6965	8762.1025
February	8799.9913	8688.3791	8726.9877
March	8766.4499	8664.1437	8705.9593
April	8696.0703	8592.2421	8629.4034
May	8670.6709	8539.0942	8602.0570
June	8669.3154	8533.2295	8581.6504
July	8699.7752	8520.7822	8578.4425
August	8635.0702	8414.7525	8519.8353
September	8536.0254	8416.1776	8457.4802
October	8511.4385	8342.0107	8408.7817
November	8443.6494	8120.5112	8306.6323
December	8170.1816	7774.7510	7894.0844