2016 VEF to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 VEF to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the VEF to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 832.9103. Conversely, the yearly low was recorded on July 9, dropping to 522.8581.
This high-to-low spread represents a total annual volatility of 310.0522 ZMK. From a start-to-finish perspective, comparing the January average rate of 831.1088 to the December average rate of 525.8721, the exchange rate registered a net change of -36.73% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 832.9103 was down 0.25% compared to the 2015 peak of 835.0346, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
VEF to ZMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 678.8349, compared to 525.9643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 152.8706 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was March, with a trading range of 3.8614 ZMK (High: 832.9103 / Low: 829.0489). On the other end, September was the most stable month, with a tight range of 0.2140 ZMK (High: 526.5481 / Low: 526.3341).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 303.8673 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 830.5623) against the same month in 2015 (average: 831.7471), the exchange rate shifted by -1.1848 (-0.14%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 831.5828 | 830.9482 | 831.1088 |
| February | 831.5828 | 830.9482 | 831.1573 |
| March | 832.9103 | 829.0489 | 830.5623 |
| April | 526.8089 | 526.0674 | 526.6949 |
| May | 526.9622 | 526.5980 | 526.7474 |
| June | 526.9691 | 526.4394 | 526.7388 |
| July | 526.5449 | 522.8581 | 524.3116 |
| August | 526.8882 | 523.3365 | 526.2995 |
| September | 526.5481 | 526.3341 | 526.4400 |
| October | 526.5977 | 526.3362 | 526.4476 |
| November | 526.6019 | 526.2286 | 526.4151 |
| December | 526.4394 | 525.4649 | 525.8721 |