2015 VEF to TOP Historical Review

YEARLY HIGH

0.3612 TOP

YEARLY LOW

0.3120 TOP

YEARLY AVERAGE

0.3355 TOP

2015 VEF to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the VEF to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.3612. Conversely, the yearly low was recorded on January 3, dropping to 0.3120.

This high-to-low spread represents a total annual volatility of 0.0493 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3137 to the December average rate of 0.3549, the exchange rate registered a net change of 13.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.3612 was up 13.25% compared to the 2014 peak of 0.3190, 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 1,806 TOP

2014 Average 1,499 TOP

Yearly Trough Low 1,560 TOP

Transaction Impact: A difference of 246.38 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.3590

0.3096

JanuMarcMayJulySeptNove

VEF to TOP 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 0.3205, compared to 0.3504 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0299 points.

H1 Avg (Jan–Jun) 0.3205

H2 Avg (Jul–Dec) 0.3504

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0187 TOP (High: 0.3425 / Low: 0.3238). On the other end, April was the most stable month, with a tight range of 0.0005 TOP (High: 0.3208 / Low: 0.3203).

June Spread (Volatile) ±0.0187

April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0028 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.3549) against the same month in 2014 (average: 0.3110), the exchange rate shifted by +0.0439 (+14.13%).

2015 Avg (December) 0.3549

2014 Avg (December) 0.3110

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3158	0.3120	0.3137
February	0.3216	0.3143	0.3180
March	0.3233	0.3156	0.3193
April	0.3208	0.3203	0.3206
May	0.3215	0.3206	0.3207
June	0.3425	0.3238	0.3307
July	0.3513	0.3365	0.3421
August	0.3582	0.3513	0.3517
September	0.3582	0.3412	0.3489
October	0.3552	0.3500	0.3530
November	0.3557	0.3496	0.3520
December	0.3612	0.3530	0.3549