2019 GNF to VEF Historical Review

YEARLY HIGH

27.5178 VEF

YEARLY LOW

25.9863 VEF

YEARLY AVERAGE

26.9256 VEF

2019 GNF to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GNF to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 27.5178. Conversely, the yearly low was recorded on December 31, dropping to 25.9863.

This high-to-low spread represents a total annual volatility of 1.5315 VEF. From a start-to-finish perspective, comparing the January average rate of 27.1246 to the December average rate of 26.2145, the exchange rate registered a net change of -3.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 27.5178 was down 0.26% compared to the 2018 peak of 27.5901, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 137,589 VEF

2018 Average 70,168 VEF

Yearly Trough Low 129,932 VEF

Transaction Impact: A difference of 7,657.48 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

27.2156

26.1235

JanuMarcMayJulySeptNove

GNF 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 27.0760, compared to 26.7752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3008 points.

H1 Avg (Jan–Jun) 27.0760

H2 Avg (Jul–Dec) 26.7752

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 1.4562 VEF (High: 27.5178 / Low: 26.0616). On the other end, October was the most stable month, with a tight range of 0.2665 VEF (High: 26.9834 / Low: 26.7169).

November Spread (Volatile) ±1.4562

October Spread (Stable) ±0.2665

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 0.3734 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3734

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 26.5879) against the same month in 2018 (average: 27.2775), the exchange rate shifted by -0.6896 (-2.53%).

2019 Avg (November) 26.5879

2018 Avg (November) 27.2775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.3825	26.9802	27.1246
February	27.2545	26.9217	27.0862
March	27.2923	26.9217	27.0620
April	27.2681	26.9217	27.0791
May	27.2048	26.8781	27.0506
June	27.2455	26.8781	27.0534
July	27.2136	26.8999	26.9908
August	27.5154	26.8926	27.0176
September	27.2213	26.8284	26.9544
October	26.9834	26.7169	26.8862
November	27.5178	26.0616	26.5879
December	26.3958	25.9863	26.2145