2015 VEF to LTL Historical Review

YEARLY HIGH

0.4995 LTL

YEARLY LOW

0.4534 LTL

YEARLY AVERAGE

0.4785 LTL

2015 VEF to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the VEF to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.4995. Conversely, the yearly low was recorded on January 2, dropping to 0.4534.

This high-to-low spread represents a total annual volatility of 0.0461 LTL. From a start-to-finish perspective, comparing the January average rate of 0.4656 to the December average rate of 0.4916, the exchange rate registered a net change of 5.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.4995 was up 10.86% compared to the 2014 peak of 0.4506, 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 2,498 LTL

2014 Average 2,067 LTL

Yearly Trough Low 2,267 LTL

Transaction Impact: A difference of 230.56 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.4987

0.4612

JanuMarcMayJulySeptNove

VEF to LTL 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 0.4696, compared to 0.4873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0177 points.

H1 Avg (Jan–Jun) 0.4696

H2 Avg (Jul–Dec) 0.4873

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0279 LTL (High: 0.4922 / Low: 0.4643). On the other end, April was the most stable month, with a tight range of 0.0002 LTL (High: 0.4645 / Low: 0.4643).

June Spread (Volatile) ±0.0279

April Spread (Stable) ±0.0002

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 February and March, when the average rate fell by 0.0057 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2015: 0.4956) against the same month in 2014 (average: 0.4397), the exchange rate shifted by +0.0559 (+12.71%).

2015 Avg (November) 0.4956

2014 Avg (November) 0.4397

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4736	0.4534	0.4656
February	0.4733	0.4700	0.4714
March	0.4745	0.4637	0.4657
April	0.4645	0.4643	0.4643
May	0.4808	0.4643	0.4693
June	0.4922	0.4643	0.4812
July	0.4937	0.4863	0.4894
August	0.4917	0.4756	0.4853
September	0.4819	0.4785	0.4803
October	0.4903	0.4771	0.4817
November	0.4995	0.4892	0.4956
December	0.4988	0.4881	0.4916