2016 VEF to ETB Historical Review

YEARLY HIGH

3.4098 ETB

YEARLY LOW

2.1553 ETB

YEARLY AVERAGE

2.4975 ETB

2016 VEF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the VEF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 3.4098. Conversely, the yearly low was recorded on April 6, dropping to 2.1553.

This high-to-low spread represents a total annual volatility of 1.2545 ETB. From a start-to-finish perspective, comparing the January average rate of 3.3616 to the December average rate of 2.2423, the exchange rate registered a net change of -33.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.4098 was up 1.62% compared to the 2015 peak of 3.3553, 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 17,049 ETB

2015 Average 16,371 ETB

Yearly Trough Low 10,777 ETB

Transaction Impact: A difference of 6,272.38 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.5039

2.0396

JanuMarcMayJulySeptNove

VEF to ETB 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 2.7733, compared to 2.2217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5516 points.

H1 Avg (Jan–Jun) 2.7733

H2 Avg (Jul–Dec) 2.2217

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0412 ETB (High: 3.4098 / Low: 3.3686). On the other end, April was the most stable month, with a tight range of 0.0129 ETB (High: 2.1682 / Low: 2.1553).

March Spread (Volatile) ±0.0412

April Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between 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 1.2203 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.2203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2016: 3.3819) against the same month in 2015 (average: 3.2289), the exchange rate shifted by +0.1530 (+4.74%).

2016 Avg (March) 3.3819

2015 Avg (March) 3.2289

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.3875	3.3510	3.3616
February	3.3913	3.3554	3.3731
March	3.4098	3.3686	3.3819
April	2.1682	2.1553	2.1616
May	2.1945	2.1617	2.1747
June	2.1962	2.1800	2.1869
July	2.2104	2.1845	2.1990
August	2.2218	2.2040	2.2116
September	2.2235	2.2075	2.2155
October	2.2350	2.2158	2.2248
November	2.2459	2.2288	2.2368
December	2.2548	2.2253	2.2423