YEARLY HIGH
0.0959 VEF
YEARLY LOW
0.0600 VEF
YEARLY AVERAGE
0.0866 VEF

2016 PKR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 0.0959. Conversely, the yearly low was recorded on January 31, dropping to 0.0600.

This high-to-low spread represents a total annual volatility of 0.0359 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0602 to the December average rate of 0.0953, the exchange rate registered a net change of 58.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0959 was up 52.28% compared to the 2015 peak of 0.0630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 47,967 VEF
2015 Average 30,753 VEF
Yearly Trough Low 30,023 VEF
Transaction Impact: A difference of 17,943.56 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0990
0.0567
JanuMarcMayJulySeptNove

PKR 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 0.0778, compared to 0.0953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0175 points.

H1 Avg (Jan–Jun) 0.0778
H2 Avg (Jul–Dec) 0.0953

Volatility Range Comparison

Volatility

The most volatile month in 2016 was July, with a trading range of 0.0011 VEF (High: 0.0959 / Low: 0.0948). On the other end, April was the most stable month, with a tight range of 0.0002 VEF (High: 0.0953 / Low: 0.0951).

July Spread (Volatile) ±0.0011
April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and April, 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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0953) against the same month in 2015 (average: 0.0621), the exchange rate shifted by +0.0332 (+53.49%).

2016 Avg (July) 0.0953
2015 Avg (July) 0.0621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0604 0.0600 0.0602
February 0.0606 0.0602 0.0604
March 0.0606 0.0602 0.0604
April 0.0953 0.0951 0.0952
May 0.0953 0.0948 0.0952
June 0.0957 0.0951 0.0953
July 0.0959 0.0948 0.0953
August 0.0955 0.0950 0.0953
September 0.0957 0.0952 0.0954
October 0.0957 0.0952 0.0953
November 0.0953 0.0950 0.0952
December 0.0957 0.0950 0.0953