2012 BGN to VEF Historical Review

YEARLY HIGH

2.9455 VEF

YEARLY LOW

2.6509 VEF

YEARLY AVERAGE

2.8207 VEF

2012 BGN to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BGN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 2.9455. Conversely, the yearly low was recorded on July 24, dropping to 2.6509.

This high-to-low spread represents a total annual volatility of 0.2945 VEF. From a start-to-finish perspective, comparing the January average rate of 2.8304 to the December average rate of 2.8783, the exchange rate registered a net change of 1.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.9455 was down 9.87% compared to the 2011 peak of 3.2678, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,727 VEF

2011 Average 15,289 VEF

Yearly Trough Low 13,255 VEF

Transaction Impact: A difference of 1,472.71 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.9207

2.6771

JanuMarcMayJulySeptNove

BGN 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 2.8453, compared to 2.7961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0492 points.

H1 Avg (Jan–Jun) 2.8453

H2 Avg (Jul–Dec) 2.7961

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.1762 VEF (High: 2.8967 / Low: 2.7206). On the other end, October was the most stable month, with a tight range of 0.0502 VEF (High: 2.8754 / Low: 2.8251).

May Spread (Volatile) ±0.1762

October Spread (Stable) ±0.0502

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 0.0753 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0753

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 2.9004) against the same month in 2011 (average: 2.9975), the exchange rate shifted by -0.0971 (-3.24%).

2012 Avg (February) 2.9004

2011 Avg (February) 2.9975

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8896	2.7808	2.8304
February	2.9455	2.8474	2.9004
March	2.9267	2.8635	2.8961
April	2.9243	2.8636	2.8873
May	2.8967	2.7206	2.8120
June	2.7862	2.7024	2.7454
July	2.7709	2.6509	2.6974
August	2.7630	2.6913	2.7183
September	2.8777	2.7583	2.8207
October	2.8754	2.8251	2.8470
November	2.8495	2.7860	2.8147
December	2.9086	2.8369	2.8783