2015 MRO to VEF Historical Review

YEARLY HIGH

0.0219 VEF

YEARLY LOW

0.0186 VEF

YEARLY AVERAGE

0.0205 VEF

2015 MRO to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MRO to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0219. Conversely, the yearly low was recorded on November 9, dropping to 0.0186.

This high-to-low spread represents a total annual volatility of 0.0033 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0217 to the December average rate of 0.0207, the exchange rate registered a net change of -4.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0219 was up 0.24% compared to the 2014 peak of 0.0219, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 110 VEF

2014 Average 108 VEF

Yearly Trough Low 93 VEF

Transaction Impact: A difference of 16.75 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0219

0.0192

JanuMarcMayJulySeptNove

MRO 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 0.0208, compared to 0.0202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0208

H2 Avg (Jul–Dec) 0.0202

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.0026 VEF (High: 0.0219 / Low: 0.0192). On the other end, January was the most stable month, with a tight range of 0.0002 VEF (High: 0.0218 / Low: 0.0215).

October Spread (Volatile) ±0.0026

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, 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 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.0212) against the same month in 2014 (average: 0.0215), the exchange rate shifted by -0.0003 (-1.32%).

2015 Avg (March) 0.0212

2014 Avg (March) 0.0215

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0218	0.0215	0.0217
February	0.0217	0.0214	0.0217
March	0.0219	0.0200	0.0212
April	0.0205	0.0200	0.0201
May	0.0208	0.0198	0.0202
June	0.0204	0.0193	0.0197
July	0.0196	0.0193	0.0194
August	0.0202	0.0193	0.0197
September	0.0216	0.0198	0.0203
October	0.0219	0.0192	0.0211
November	0.0200	0.0186	0.0196
December	0.0214	0.0202	0.0207