2016 VEF to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 VEF to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the VEF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 249.2536. Conversely, the yearly low was recorded on April 3, dropping to 154.7885.
This high-to-low spread represents a total annual volatility of 94.4651 BIF. From a start-to-finish perspective, comparing the January average rate of 247.0927 to the December average rate of 167.7509, the exchange rate registered a net change of -32.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 249.2536 was down 3.93% compared to the 2015 peak of 259.4462, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
VEF to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 202.3254, compared to 166.9766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 35.3488 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 13.7820 BIF (High: 169.2452 / Low: 155.4632). On the other end, November was the most stable month, with a tight range of 1.1199 BIF (High: 168.1393 / Low: 167.0195).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 91.0481 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 247.0927) against the same month in 2015 (average: 248.1126), the exchange rate shifted by -1.0199 (-0.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 249.2536 | 245.0131 | 247.0927 |
| February | 248.5840 | 244.9932 | 246.8409 |
| March | 248.6039 | 244.9326 | 246.8495 |
| April | 156.9437 | 154.7885 | 155.8014 |
| May | 157.1770 | 155.3402 | 156.3727 |
| June | 169.2452 | 155.4632 | 160.9950 |
| July | 166.5272 | 165.2451 | 166.0433 |
| August | 167.9271 | 165.6030 | 166.6024 |
| September | 167.7973 | 166.1425 | 166.8081 |
| October | 167.5506 | 166.3912 | 167.0700 |
| November | 168.1393 | 167.0195 | 167.5848 |
| December | 169.0927 | 166.9174 | 167.7509 |