2013 BAM to VEF Historical Review

YEARLY HIGH

4.4397 VEF

YEARLY LOW

2.8278 VEF

YEARLY AVERAGE

3.9584 VEF

2013 BAM to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BAM to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 4.4397. Conversely, the yearly low was recorded on March 19, dropping to 2.8278.

This high-to-low spread represents a total annual volatility of 1.6119 VEF. From a start-to-finish perspective, comparing the January average rate of 2.9169 to the December average rate of 4.4058, the exchange rate registered a net change of 51.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 4.4397 was up 50.57% compared to the 2012 peak of 2.9486, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,199 VEF

2012 Average 14,101 VEF

Yearly Trough Low 14,139 VEF

Transaction Impact: A difference of 8,059.46 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

4.5547

2.7680

JanuMarcMayJulySeptNove

BAM 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 3.5976, compared to 4.3193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7217 points.

H1 Avg (Jan–Jun) 3.5976

H2 Avg (Jul–Dec) 4.3193

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 1.3181 VEF (High: 4.1459 / Low: 2.8278). On the other end, August was the most stable month, with a tight range of 0.0574 VEF (High: 4.3085 / Low: 4.2511).

March Spread (Volatile) ±1.3181

August Spread (Stable) ±0.0574

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0474 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0474

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2013: 4.3864) against the same month in 2012 (average: 2.8458), the exchange rate shifted by +1.5406 (+54.14%).

2013 Avg (October) 4.3864

2012 Avg (October) 2.8458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9766	2.8651	2.9169
February	2.9944	2.8674	2.9323
March	4.1459	2.8278	3.1406
April	4.2252	4.1180	4.1872
May	4.2312	4.1267	4.1723
June	4.3011	4.1800	4.2363
July	4.2711	4.1163	4.2069
August	4.3085	4.2511	4.2828
September	4.3491	4.2221	4.2946
October	4.4397	4.3480	4.3864
November	4.3721	4.2965	4.3390
December	4.4313	4.3573	4.4058