2016 MRO to VEF Historical Review

YEARLY HIGH

0.0292 VEF

YEARLY LOW

0.0182 VEF

YEARLY AVERAGE

0.0258 VEF

2016 MRO to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MRO to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 0.0292. Conversely, the yearly low was recorded on March 27, dropping to 0.0182.

This high-to-low spread represents a total annual volatility of 0.0109 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0189 to the December average rate of 0.0279, the exchange rate registered a net change of 47.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0292 was up 33.03% compared to the 2015 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 146 VEF

2015 Average 102 VEF

Yearly Trough Low 91 VEF

Transaction Impact: A difference of 54.69 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0299

0.0174

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 0.0235, compared to 0.0280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0235

H2 Avg (Jul–Dec) 0.0280

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0021 VEF (High: 0.0205 / Low: 0.0183). On the other end, September was the most stable month, with a tight range of 0.0002 VEF (High: 0.0281 / Low: 0.0279).

January Spread (Volatile) ±0.0021

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0005 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 0.0289) against the same month in 2015 (average: 0.0201), the exchange rate shifted by +0.0087 (+43.20%).

2016 Avg (April) 0.0289

2015 Avg (April) 0.0201

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0205	0.0183	0.0189
February	0.0192	0.0183	0.0185
March	0.0185	0.0182	0.0184
April	0.0292	0.0287	0.0289
May	0.0291	0.0280	0.0284
June	0.0281	0.0279	0.0280
July	0.0283	0.0280	0.0281
August	0.0282	0.0279	0.0281
September	0.0281	0.0279	0.0280
October	0.0282	0.0279	0.0280
November	0.0280	0.0278	0.0279
December	0.0280	0.0278	0.0279