YEARLY HIGH
16.2250 CVE
YEARLY LOW
9.5931 CVE
YEARLY AVERAGE
11.4380 CVE

2016 VEF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the VEF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 16.2250. Conversely, the yearly low was recorded on May 4, dropping to 9.5931.

This high-to-low spread represents a total annual volatility of 6.6319 CVE. From a start-to-finish perspective, comparing the January average rate of 16.0574 to the December average rate of 10.4763, the exchange rate registered a net change of -34.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 16.2250 was down 1.98% compared to the 2015 peak of 16.5523, 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 81,125 CVE
2015 Average 78,591 CVE
Yearly Trough Low 47,966 CVE
Transaction Impact: A difference of 33,159.46 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

16.6875
9.1255
JanuMarcMayJulySeptNove

VEF to CVE 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 12.8058, compared to 10.0703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7355 points.

H1 Avg (Jan–Jun) 12.8058
H2 Avg (Jul–Dec) 10.0703

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.6427 CVE (High: 16.0658 / Low: 15.4231). On the other end, September was the most stable month, with a tight range of 0.0941 CVE (High: 9.9020 / Low: 9.8079).

March Spread (Volatile) ±0.6427
September Spread (Stable) ±0.0941

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 5.9318 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.9318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 16.0574) against the same month in 2015 (average: 14.9825), the exchange rate shifted by +1.0749 (+7.17%).

2016 Avg (January) 16.0574
2015 Avg (January) 14.9825

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.2250 15.9594 16.0574
February 16.0562 15.4514 15.7276
March 16.0658 15.4231 15.6874
April 9.8455 9.6763 9.7556
May 9.9269 9.5931 9.7618
June 10.0357 9.6983 9.8451
July 10.0583 9.9009 9.9741
August 9.9709 9.7469 9.8607
September 9.9020 9.8079 9.8584
October 10.1586 9.8313 10.0137
November 10.4538 9.9480 10.2385
December 10.6665 10.2705 10.4763