2016 VEF to TOP Historical Review

YEARLY HIGH

0.3700 TOP

YEARLY LOW

0.2183 TOP

YEARLY AVERAGE

0.2585 TOP

2016 VEF to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the VEF to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.3700. Conversely, the yearly low was recorded on November 9, dropping to 0.2183.

This high-to-low spread represents a total annual volatility of 0.1516 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3569 to the December average rate of 0.2281, the exchange rate registered a net change of -36.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3700 was up 2.41% compared to the 2015 peak of 0.3612, 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 1,850 TOP

2015 Average 1,678 TOP

Yearly Trough Low 1,092 TOP

Transaction Impact: A difference of 758.07 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.3739

0.2090

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 0.2913, compared to 0.2256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0656 points.

H1 Avg (Jan–Jun) 0.2913

H2 Avg (Jul–Dec) 0.2256

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0149 TOP (High: 0.3700 / Low: 0.3551). On the other end, September was the most stable month, with a tight range of 0.0022 TOP (High: 0.2263 / Low: 0.2242).

February Spread (Volatile) ±0.0149

September Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1328 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1328

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.3602) against the same month in 2015 (average: 0.3180), the exchange rate shifted by +0.0421 (+13.25%).

2016 Avg (February) 0.3602

2015 Avg (February) 0.3180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3633	0.3534	0.3569
February	0.3700	0.3551	0.3602
March	0.3593	0.3536	0.3563
April	0.2250	0.2216	0.2235
May	0.2285	0.2228	0.2258
June	0.2290	0.2221	0.2251
July	0.2299	0.2242	0.2269
August	0.2276	0.2250	0.2264
September	0.2263	0.2242	0.2254
October	0.2257	0.2210	0.2227
November	0.2295	0.2183	0.2244
December	0.2332	0.2242	0.2281