2016 VEF to GBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 VEF to GBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the VEF to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.1142. Conversely, the yearly low was recorded on June 23, dropping to 0.0671.
This high-to-low spread represents a total annual volatility of 0.0471 GBP. From a start-to-finish perspective, comparing the January average rate of 0.1099 to the December average rate of 0.0803, the exchange rate registered a net change of -26.94% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 0.1142 was up 5.58% compared to the 2015 peak of 0.1082, 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 GBP 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 0.0902, compared to 0.0785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0117 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 0.0087 GBP (High: 0.0758 / Low: 0.0671). On the other end, May was the most stable month, with a tight range of 0.0016 GBP (High: 0.0699 / Low: 0.0682).
Growth Streaks & Declines
TrendsBetween May and August, 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 0.0408 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 0.1106) against the same month in 2015 (average: 0.1033), the exchange rate shifted by +0.0073 (+7.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.1117 | 0.1072 | 0.1099 |
| February | 0.1142 | 0.1084 | 0.1106 |
| March | 0.1134 | 0.1092 | 0.1109 |
| April | 0.0714 | 0.0686 | 0.0701 |
| May | 0.0699 | 0.0682 | 0.0691 |
| June | 0.0758 | 0.0671 | 0.0707 |
| July | 0.0776 | 0.0751 | 0.0762 |
| August | 0.0778 | 0.0751 | 0.0766 |
| September | 0.0773 | 0.0747 | 0.0762 |
| October | 0.0824 | 0.0772 | 0.0812 |
| November | 0.0819 | 0.0795 | 0.0805 |
| December | 0.0819 | 0.0787 | 0.0803 |