2016 VEF to ARS Historical Review

YEARLY HIGH

2.4982 ARS

YEARLY LOW

1.3785 ARS

YEARLY AVERAGE

1.6882 ARS

2016 VEF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the VEF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 29, valuing the pair at 2.4982. Conversely, the yearly low was recorded on June 15, dropping to 1.3785.

This high-to-low spread represents a total annual volatility of 1.1197 ARS. From a start-to-finish perspective, comparing the January average rate of 2.1459 to the December average rate of 1.5860, the exchange rate registered a net change of -26.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.4982 was up 18.62% compared to the 2015 peak of 2.1061, 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 12,491 ARS

2015 Average 7,330 ARS

Yearly Trough Low 6,893 ARS

Transaction Impact: A difference of 5,598.42 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.4513

1.3221

JanuMarcMayJulySeptNove

VEF to ARS 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 1.8536, compared to 1.5228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3307 points.

H1 Avg (Jan–Jun) 1.8536

H2 Avg (Jul–Dec) 1.5228

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.2710 ARS (High: 2.4982 / Low: 2.2273). On the other end, October was the most stable month, with a tight range of 0.0231 ARS (High: 1.5376 / Low: 1.5145).

February Spread (Volatile) ±0.2710

October Spread (Stable) ±0.0231

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.9139 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.9139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 2.3405) against the same month in 2015 (average: 1.3746), the exchange rate shifted by +0.9659 (+70.26%).

2016 Avg (February) 2.3405

2015 Avg (February) 1.3746

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2059	2.0501	2.1459
February	2.4982	2.2273	2.3405
March	2.4916	2.2844	2.3572
April	1.4822	1.4074	1.4433
May	1.4312	1.3949	1.4162
June	1.5265	1.3785	1.4184
July	1.5085	1.4616	1.4921
August	1.5087	1.4697	1.4874
September	1.5379	1.4958	1.5129
October	1.5376	1.5145	1.5216
November	1.5805	1.5018	1.5369
December	1.6039	1.5490	1.5860