YEARLY HIGH
14.8956 VEF
YEARLY LOW
8.7563 VEF
YEARLY AVERAGE
12.2147 VEF

2016 FKP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FKP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 14.8956. Conversely, the yearly low was recorded on February 28, dropping to 8.7563.

This high-to-low spread represents a total annual volatility of 6.1393 VEF. From a start-to-finish perspective, comparing the January average rate of 9.1040 to the December average rate of 12.4615, the exchange rate registered a net change of 36.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 14.8956 was up 48.46% compared to the 2015 peak of 10.0337, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74,478 VEF
2015 Average 48,285 VEF
Yearly Trough Low 43,781 VEF
Transaction Impact: A difference of 30,696.35 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

15.0112
8.4762
JanuMarcMayJulySeptNove

FKP 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 11.6773, compared to 12.7522 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0750 points.

H1 Avg (Jan–Jun) 11.6773
H2 Avg (Jul–Dec) 12.7522

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 1.7110 VEF (High: 14.8956 / Low: 13.1846). On the other end, March was the most stable month, with a tight range of 0.3392 VEF (High: 9.1603 / Low: 8.8211).

June Spread (Volatile) ±1.7110
March Spread (Stable) ±0.3392

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.0338 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 14.1645) against the same month in 2015 (average: 9.8498), the exchange rate shifted by +4.3147 (+43.80%).

2016 Avg (June) 14.1645
2015 Avg (June) 9.8498

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.3241 8.9502 9.1040
February 9.2213 8.7563 9.0435
March 9.1603 8.8211 9.0208
April 14.5700 14.0141 14.2643
May 14.6580 14.3120 14.4666
June 14.8956 13.1846 14.1645
July 13.3120 12.8788 13.1307
August 13.3129 12.8530 13.0589
September 13.3916 12.9369 13.1172
October 12.9472 12.1351 12.3222
November 12.5712 12.2111 12.4228
December 12.7044 12.2040 12.4615