2015 MDL to VEF Historical Review

YEARLY HIGH

0.4052 VEF

YEARLY LOW

0.3125 VEF

YEARLY AVERAGE

0.3377 VEF

2015 MDL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MDL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.4052. Conversely, the yearly low was recorded on September 26, dropping to 0.3125.

This high-to-low spread represents a total annual volatility of 0.0926 VEF. From a start-to-finish perspective, comparing the January average rate of 0.3802 to the December average rate of 0.3205, the exchange rate registered a net change of -15.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.4052 was down 16.50% compared to the 2014 peak of 0.4852, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,026 VEF

2014 Average 2,251 VEF

Yearly Trough Low 1,563 VEF

Transaction Impact: A difference of 463.19 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.3866

0.3101

JanuMarcMayJulySeptNove

MDL 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 0.3517, compared to 0.3237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0280 points.

H1 Avg (Jan–Jun) 0.3517

H2 Avg (Jul–Dec) 0.3237

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0537 VEF (High: 0.4052 / Low: 0.3515). On the other end, November was the most stable month, with a tight range of 0.0048 VEF (High: 0.3188 / Low: 0.3140).

January Spread (Volatile) ±0.0537

November Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.0401 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0401

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 0.3802) against the same month in 2014 (average: 0.4775), the exchange rate shifted by -0.0973 (-20.38%).

2015 Avg (January) 0.3802

2014 Avg (January) 0.4775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4052	0.3515	0.3802
February	0.3506	0.3328	0.3401
March	0.3515	0.3378	0.3438
April	0.3626	0.3415	0.3513
May	0.3582	0.3488	0.3530
June	0.3506	0.3308	0.3419
July	0.3376	0.3305	0.3337
August	0.3370	0.3297	0.3329
September	0.3284	0.3125	0.3210
October	0.3222	0.3144	0.3177
November	0.3188	0.3140	0.3165
December	0.3230	0.3175	0.3205