2015 LTL to VEF Historical Review

YEARLY HIGH

2.2054 VEF

YEARLY LOW

2.0018 VEF

YEARLY AVERAGE

2.0912 VEF

2015 LTL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the LTL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.2054. Conversely, the yearly low was recorded on November 30, dropping to 2.0018.

This high-to-low spread represents a total annual volatility of 0.2036 VEF. From a start-to-finish perspective, comparing the January average rate of 2.1480 to the December average rate of 2.0340, the exchange rate registered a net change of -5.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.2054 was down 13.09% compared to the 2014 peak of 2.5377, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,027 VEF

2014 Average 12,112 VEF

Yearly Trough Low 10,009 VEF

Transaction Impact: A difference of 1,017.92 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.1671

2.0042

JanuMarcMayJulySeptNove

LTL 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 2.1300, compared to 2.0524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0777 points.

H1 Avg (Jan–Jun) 2.1300

H2 Avg (Jul–Dec) 2.0524

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.1221 VEF (High: 2.1538 / Low: 2.0317). On the other end, April was the most stable month, with a tight range of 0.0011 VEF (High: 2.1539 / Low: 2.1528).

June Spread (Volatile) ±0.1221

April Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and April, 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 October and November, when the average rate fell by 0.0584 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0584

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 2.1480) against the same month in 2014 (average: 2.4824), the exchange rate shifted by -0.3344 (-13.47%).

2015 Avg (January) 2.1480

2014 Avg (January) 2.4824

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2054	2.1114	2.1480
February	2.1277	2.1127	2.1212
March	2.1567	2.1073	2.1473
April	2.1539	2.1528	2.1536
May	2.1539	2.0800	2.1313
June	2.1538	2.0317	2.0788
July	2.0563	2.0257	2.0433
August	2.1024	2.0339	2.0609
September	2.0900	2.0752	2.0819
October	2.0961	2.0396	2.0762
November	2.0442	2.0018	2.0177
December	2.0486	2.0050	2.0340