2016 KWD to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 KWD to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the KWD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 33.2984. Conversely, the yearly low was recorded on January 19, dropping to 20.7379.
This high-to-low spread represents a total annual volatility of 12.5604 VEF. From a start-to-finish perspective, comparing the January average rate of 20.7865 to the December average rate of 32.6911, the exchange rate registered a net change of 57.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 33.2984 was up 54.58% compared to the 2015 peak of 21.5408, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
KWD to VEF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 27.0083, compared to 32.9600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.9516 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was February, with a trading range of 0.3561 VEF (High: 21.1915 / Low: 20.8354). On the other end, September was the most stable month, with a tight range of 0.0703 VEF (High: 33.1322 / Low: 33.0619).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1481 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2016: 33.0533) against the same month in 2015 (average: 20.8699), the exchange rate shifted by +12.1834 (+58.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.8268 | 20.7379 | 20.7865 |
| February | 21.1915 | 20.8354 | 21.0730 |
| March | 21.0435 | 20.8896 | 21.0010 |
| April | 33.0965 | 33.0135 | 33.0552 |
| May | 33.2045 | 32.9833 | 33.0663 |
| June | 33.1392 | 32.9988 | 33.0681 |
| July | 33.2984 | 32.9795 | 33.0533 |
| August | 33.1345 | 33.0317 | 33.0840 |
| September | 33.1322 | 33.0619 | 33.1050 |
| October | 33.1160 | 32.8864 | 32.9872 |
| November | 33.0040 | 32.6799 | 32.8391 |
| December | 32.7682 | 32.6221 | 32.6911 |