2015 VEF to MDL Historical Review

YEARLY HIGH

3.1996 MDL

YEARLY LOW

2.4681 MDL

YEARLY AVERAGE

2.9699 MDL

2015 VEF to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the VEF to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 3.1996. Conversely, the yearly low was recorded on January 3, dropping to 2.4681.

This high-to-low spread represents a total annual volatility of 0.7316 MDL. From a start-to-finish perspective, comparing the January average rate of 2.6374 to the December average rate of 3.1203, the exchange rate registered a net change of 18.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 3.1996 was up 28.87% compared to the 2014 peak of 2.4829, 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 15,998 MDL

2014 Average 11,130 MDL

Yearly Trough Low 12,340 MDL

Transaction Impact: A difference of 3,657.76 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

3.2122

2.5851

JanuMarcMayJulySeptNove

VEF to MDL 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 2.8489, compared to 3.0909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2420 points.

H1 Avg (Jan–Jun) 2.8489

H2 Avg (Jul–Dec) 3.0909

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.3769 MDL (High: 2.8450 / Low: 2.4681). On the other end, November was the most stable month, with a tight range of 0.0476 MDL (High: 3.1845 / Low: 3.1368).

January Spread (Volatile) ±0.3769

November Spread (Stable) ±0.0476

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0614 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0614

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 3.1162) against the same month in 2014 (average: 2.2709), the exchange rate shifted by +0.8453 (+37.22%).

2015 Avg (September) 3.1162

2014 Avg (September) 2.2709

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8450	2.4681	2.6374
February	3.0044	2.8527	2.9406
March	2.9605	2.8451	2.9088
April	2.9284	2.7581	2.8473
May	2.8671	2.7917	2.8333
June	3.0229	2.8520	2.9258
July	3.0260	2.9618	2.9970
August	3.0329	2.9672	3.0039
September	3.1996	3.0454	3.1162
October	3.1807	3.1040	3.1479
November	3.1845	3.1368	3.1600
December	3.1500	3.0961	3.1203