2019 HNL to VEF Historical Review

YEARLY HIGH

16711.7531 VEF

YEARLY LOW

9910.1989 VEF

YEARLY AVERAGE

10129.1606 VEF

2019 HNL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HNL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 16711.7531. Conversely, the yearly low was recorded on June 11, dropping to 9910.1989.

This high-to-low spread represents a total annual volatility of 6801.5543 VEF. From a start-to-finish perspective, comparing the January average rate of 10170.8576 to the December average rate of 10268.6305, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 16711.7531 was up 53.74% compared to the 2018 peak of 10870.0217, 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 83,558,766 VEF

2018 Average 26,467,574 VEF

Yearly Trough Low 49,550,994 VEF

Transaction Impact: A difference of 34,007,771.40 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

10289.3733

10040.4594

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 10140.7734, compared to 10117.5477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.2258 points.

H1 Avg (Jan–Jun) 10140.7734

H2 Avg (Jul–Dec) 10117.5477

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 6708.4182 VEF (High: 16711.7531 / Low: 10003.3350). On the other end, April was the most stable month, with a tight range of 65.1002 VEF (High: 10174.4367 / Low: 10109.3365).

December Spread (Volatile) ±6708.4182

April Spread (Stable) ±65.1002

Growth Streaks & Declines

Trends

Between June and August, 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 May and June, when the average rate fell by 139.6870 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -139.6870

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 10268.6305) against the same month in 2018 (average: 10243.6319), the exchange rate shifted by +24.9986 (+0.24%).

2019 Avg (December) 10268.6305

2018 Avg (December) 10243.6319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10235.3060	10150.6477	10170.8576
February	10177.5646	10101.1097	10144.8863
March	10185.7845	10109.3805	10134.5041
April	10174.4367	10109.3365	10132.3012
May	10542.5555	10080.6186	10200.8892
June	10181.6840	9910.1989	10061.2022
July	10156.2398	10039.8824	10090.6650
August	10305.1925	10068.3724	10116.0247
September	10219.7605	10052.0891	10096.3670
October	10132.6564	10039.9047	10065.8214
November	10111.0646	10039.9047	10067.7775
December	16711.7531	10003.3350	10268.6305