2010 AFN to VEF Historical Review

YEARLY HIGH

0.1002 VEF

YEARLY LOW

0.0442 VEF

YEARLY AVERAGE

0.0939 VEF

2010 AFN to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the AFN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 0.1002. Conversely, the yearly low was recorded on January 6, dropping to 0.0442.

This high-to-low spread represents a total annual volatility of 0.0560 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0750 to the December average rate of 0.0999, the exchange rate registered a net change of 33.19% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 501 VEF

Yearly Average 469 VEF

Yearly Trough Low 221 VEF

Transaction Impact: A difference of 280.17 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.1024

0.0725

JanuMarcMayJulySeptNove

AFN to VEF 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 0.0896, compared to 0.0982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.0896

H2 Avg (Jul–Dec) 0.0982

Volatility Range Comparison

Volatility

The most volatile month in 2010 was January, with a trading range of 0.0463 VEF (High: 0.0904 / Low: 0.0442). On the other end, November was the most stable month, with a tight range of 0.0002 VEF (High: 0.1000 / Low: 0.0998).

January Spread (Volatile) ±0.0463

November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for December 2010 is 0.0999.

2010 Avg (December) 0.0999

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0904	0.0442	0.0750
February	0.0907	0.0875	0.0899
March	0.0935	0.0899	0.0920
April	0.0935	0.0931	0.0932
May	0.0946	0.0896	0.0934
June	0.0951	0.0912	0.0939
July	0.0989	0.0943	0.0955
August	0.0989	0.0953	0.0973
September	0.0979	0.0962	0.0974
October	0.1000	0.0979	0.0992
November	0.1000	0.0998	0.0999
December	0.1002	0.0997	0.0999