YEARLY HIGH
2.4289 MVR
YEARLY LOW
1.5062 MVR
YEARLY AVERAGE
1.7516 MVR

2016 VEF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the VEF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 2.4289. Conversely, the yearly low was recorded on June 30, dropping to 1.5062.

This high-to-low spread represents a total annual volatility of 0.9227 MVR. From a start-to-finish perspective, comparing the January average rate of 2.4221 to the December average rate of 1.5337, the exchange rate registered a net change of -36.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.4289 was down 0.26% compared to the 2015 peak of 2.4353, 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 12,145 MVR
2015 Average 12,100 MVR
Yearly Trough Low 7,531 MVR
Transaction Impact: A difference of 4,613.36 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.5122
1.4310
JanuMarcMayJulySeptNove

VEF to MVR 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 1.9752, compared to 1.5280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4473 points.

H1 Avg (Jan–Jun) 1.9752
H2 Avg (Jul–Dec) 1.5280

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0322 MVR (High: 1.5385 / Low: 1.5062). On the other end, September was the most stable month, with a tight range of 0.0066 MVR (High: 1.5320 / Low: 1.5254).

June Spread (Volatile) ±0.0322
September Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.8838 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8838

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.4221) against the same month in 2015 (average: 2.4173), the exchange rate shifted by +0.0047 (+0.20%).

2016 Avg (January) 2.4221
2015 Avg (January) 2.4173

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4289 2.4120 2.4221
February 2.4274 2.4067 2.4206
March 2.4249 2.4004 2.4135
April 1.5378 1.5094 1.5296
May 1.5389 1.5282 1.5335
June 1.5385 1.5062 1.5321
July 1.5273 1.5094 1.5211
August 1.5288 1.5133 1.5221
September 1.5320 1.5254 1.5295
October 1.5374 1.5257 1.5300
November 1.5425 1.5204 1.5314
December 1.5435 1.5219 1.5337