2016 VEF to AFN Historical Review

YEARLY HIGH

10.9934 AFN

YEARLY LOW

6.5717 AFN

YEARLY AVERAGE

7.7888 AFN

2016 VEF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the VEF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 10.9934. Conversely, the yearly low was recorded on August 6, dropping to 6.5717.

This high-to-low spread represents a total annual volatility of 4.4217 AFN. From a start-to-finish perspective, comparing the January average rate of 10.8527 to the December average rate of 6.6526, the exchange rate registered a net change of -38.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 10.9934 was up 0.91% compared to the 2015 peak of 10.8947, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,967 AFN

2015 Average 48,468 AFN

Yearly Trough Low 32,859 AFN

Transaction Impact: A difference of 22,108.51 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.3261

6.1722

JanuMarcMayJulySeptNove

VEF to AFN 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 8.8758, compared to 6.7017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1741 points.

H1 Avg (Jan–Jun) 8.8758

H2 Avg (Jul–Dec) 6.7017

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.3125 AFN (High: 6.8842 / Low: 6.5717). On the other end, April was the most stable month, with a tight range of 0.0318 AFN (High: 6.8820 / Low: 6.8503).

August Spread (Volatile) ±0.3125

April Spread (Stable) ±0.0318

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 3.9655 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.9655

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 10.8966) against the same month in 2015 (average: 9.0810), the exchange rate shifted by +1.8156 (+19.99%).

2016 Avg (February) 10.8966

2015 Avg (February) 9.0810

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.8812	10.8209	10.8527
February	10.9934	10.7983	10.8966
March	10.8879	10.7868	10.8288
April	6.8820	6.8503	6.8633
May	6.9057	6.8562	6.8832
June	6.9727	6.8452	6.9304
July	6.9100	6.8280	6.8805
August	6.8842	6.5717	6.7450
September	6.7888	6.5751	6.6823
October	6.6160	6.5762	6.6017
November	6.6999	6.6004	6.6481
December	6.6773	6.5803	6.6526