2015 HNL to VEF Historical Review

YEARLY HIGH

0.3014 VEF

YEARLY LOW

0.2832 VEF

YEARLY AVERAGE

0.2913 VEF

2015 HNL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the HNL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.3014. Conversely, the yearly low was recorded on December 31, dropping to 0.2832.

This high-to-low spread represents a total annual volatility of 0.0182 VEF. From a start-to-finish perspective, comparing the January average rate of 0.2999 to the December average rate of 0.2888, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.3014 was down 8.63% compared to the 2014 peak of 0.3298, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,507 VEF

2014 Average 1,544 VEF

Yearly Trough Low 1,416 VEF

Transaction Impact: A difference of 90.87 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.3011

0.2865

JanuMarcMayJulySeptNove

HNL 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 0.2941, compared to 0.2885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.2941

H2 Avg (Jul–Dec) 0.2885

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0107 VEF (High: 0.3011 / Low: 0.2904). On the other end, May was the most stable month, with a tight range of 0.0013 VEF (High: 0.2887 / Low: 0.2874).

March Spread (Volatile) ±0.0107

May Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0053 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.2999) against the same month in 2014 (average: 0.3137), the exchange rate shifted by -0.0138 (-4.41%).

2015 Avg (January) 0.2999

2014 Avg (January) 0.3137

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3014	0.2982	0.2999
February	0.3012	0.2978	0.2987
March	0.3011	0.2904	0.2952
April	0.2957	0.2878	0.2933
May	0.2887	0.2874	0.2880
June	0.2910	0.2884	0.2895
July	0.2901	0.2881	0.2895
August	0.2893	0.2878	0.2885
September	0.2901	0.2881	0.2890
October	0.2893	0.2858	0.2878
November	0.2886	0.2867	0.2877
December	0.2907	0.2832	0.2888