2015 VEF to SZL Historical Review

YEARLY HIGH

2.5021 SZL

YEARLY LOW

1.7958 SZL

YEARLY AVERAGE

2.0206 SZL

2015 VEF to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the VEF to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 2.5021. Conversely, the yearly low was recorded on February 5, dropping to 1.7958.

This high-to-low spread represents a total annual volatility of 0.7062 SZL. From a start-to-finish perspective, comparing the January average rate of 1.8313 to the December average rate of 2.3807, the exchange rate registered a net change of 30.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.5021 was up 35.12% compared to the 2014 peak of 1.8517, 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 12,510 SZL

2014 Average 8,615 SZL

Yearly Trough Low 8,979 SZL

Transaction Impact: A difference of 3,531.22 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.4357

1.7764

JanuMarcMayJulySeptNove

VEF to SZL 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 1.8867, compared to 2.1546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2678 points.

H1 Avg (Jan–Jun) 1.8867

H2 Avg (Jul–Dec) 2.1546

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.2448 SZL (High: 2.5021 / Low: 2.2573). On the other end, January was the most stable month, with a tight range of 0.0559 SZL (High: 1.8566 / Low: 1.8006).

December Spread (Volatile) ±0.2448

January Spread (Stable) ±0.0559

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0236 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0236

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 2.3807) against the same month in 2014 (average: 1.8219), the exchange rate shifted by +0.5589 (+30.68%).

2015 Avg (December) 2.3807

2014 Avg (December) 1.8219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8566	1.8006	1.8313
February	1.8677	1.7958	1.8357
March	1.9790	1.8455	1.9131
April	1.9309	1.8682	1.8987
May	1.9251	1.8651	1.8943
June	1.9942	1.9186	1.9473
July	2.0055	1.9365	1.9701
August	2.1046	1.9980	2.0401
September	2.2221	2.1072	2.1603
October	2.2027	2.0702	2.1367
November	2.2863	2.1766	2.2395
December	2.5021	2.2573	2.3807