2015 VEF to BTN Historical Review

YEARLY HIGH

10.6187 BTN

YEARLY LOW

9.6969 BTN

YEARLY AVERAGE

10.1481 BTN

2015 VEF to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the VEF to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 10.6187. Conversely, the yearly low was recorded on January 25, dropping to 9.6969.

This high-to-low spread represents a total annual volatility of 0.9218 BTN. From a start-to-finish perspective, comparing the January average rate of 9.8509 to the December average rate of 10.5319, the exchange rate registered a net change of 6.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 10.6187 was up 5.25% compared to the 2014 peak of 10.0895, 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 53,094 BTN

2014 Average 48,461 BTN

Yearly Trough Low 48,485 BTN

Transaction Impact: A difference of 4,609.03 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

10.6026

9.7541

JanuMarcMayJulySeptNove

VEF to BTN 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 9.9435, compared to 10.3526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4091 points.

H1 Avg (Jan–Jun) 9.9435

H2 Avg (Jul–Dec) 10.3526

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.4234 BTN (High: 10.5140 / Low: 10.0906). On the other end, February was the most stable month, with a tight range of 0.1174 BTN (High: 9.8810 / Low: 9.7637).

August Spread (Volatile) ±0.4234

February Spread (Stable) ±0.1174

Growth Streaks & Declines

Trends

Between February and June, 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 September and October, when the average rate fell by 0.1898 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1898

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 10.5319) against the same month in 2014 (average: 9.9411), the exchange rate shifted by +0.5907 (+5.94%).

2015 Avg (December) 10.5319

2014 Avg (December) 9.9411

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0627	9.6969	9.8509
February	9.8810	9.7637	9.8248
March	9.9781	9.7851	9.8913
April	10.0662	9.8294	9.9165
May	10.1400	10.0167	10.0820
June	10.1617	10.0379	10.0957
July	10.1502	9.9976	10.0648
August	10.5140	10.0906	10.2899
September	10.5661	10.4059	10.4818
October	10.3801	10.2048	10.2921
November	10.5687	10.3427	10.4553
December	10.6187	10.4653	10.5319