2016 PEN to VEF Historical Review

YEARLY HIGH

3.0703 VEF

YEARLY LOW

1.7861 VEF

YEARLY AVERAGE

2.6926 VEF

2016 PEN to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PEN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 3.0703. Conversely, the yearly low was recorded on February 28, dropping to 1.7861.

This high-to-low spread represents a total annual volatility of 1.2842 VEF. From a start-to-finish perspective, comparing the January average rate of 1.8396 to the December average rate of 2.9406, the exchange rate registered a net change of 59.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.0703 was up 44.97% compared to the 2015 peak of 2.1179, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,352 VEF

2015 Average 9,935 VEF

Yearly Trough Low 8,930 VEF

Transaction Impact: A difference of 6,421.21 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.1436

1.6811

JanuMarcMayJulySeptNove

PEN 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 2.4201, compared to 2.9650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5449 points.

H1 Avg (Jan–Jun) 2.4201

H2 Avg (Jul–Dec) 2.9650

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.1293 VEF (High: 3.0703 / Low: 2.9410). On the other end, February was the most stable month, with a tight range of 0.0326 VEF (High: 1.8186 / Low: 1.7861).

April Spread (Volatile) ±0.1293

February Spread (Stable) ±0.0326

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 August and September, when the average rate fell by 0.0411 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 3.0201) against the same month in 2015 (average: 2.0273), the exchange rate shifted by +0.9928 (+48.97%).

2016 Avg (April) 3.0201

2015 Avg (April) 2.0273

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8518	1.8154	1.8396
February	1.8186	1.7861	1.8029
March	1.8967	1.7937	1.8581
April	3.0703	2.9410	3.0201
May	3.0412	2.9572	2.9938
June	3.0347	2.9550	3.0060
July	3.0646	2.9700	3.0217
August	3.0196	2.9498	2.9939
September	2.9813	2.9330	2.9528
October	2.9709	2.9274	2.9475
November	2.9649	2.9136	2.9337
December	2.9810	2.9188	2.9406