2011 BHD to VEF Historical Review

YEARLY HIGH

11.4651 VEF

YEARLY LOW

11.3986 VEF

YEARLY AVERAGE

11.4110 VEF

2011 BHD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BHD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 11.4651. Conversely, the yearly low was recorded on June 24, dropping to 11.3986.

This high-to-low spread represents a total annual volatility of 0.0665 VEF. From a start-to-finish perspective, comparing the January average rate of 11.4119 to the December average rate of 11.4070, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 11.4651 was down 1.10% compared to the 2010 peak of 11.5921, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,325 VEF

2010 Average 56,279 VEF

Yearly Trough Low 56,993 VEF

Transaction Impact: A difference of 332.45 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

11.4139

11.4064

JanuMarcMayJulySeptNove

BHD 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 11.4111, compared to 11.4109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 11.4111

H2 Avg (Jul–Dec) 11.4109

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0630 VEF (High: 11.4651 / Low: 11.4021). On the other end, January was the most stable month, with a tight range of 0.0159 VEF (High: 11.4211 / Low: 11.4053).

August Spread (Volatile) ±0.0630

January Spread (Stable) ±0.0159

Growth Streaks & Declines

Trends

Between March and May, 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 November and December, when the average rate fell by 0.0037 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 11.4133) against the same month in 2010 (average: 11.4140), the exchange rate shifted by -0.0007 (-0.01%).

2011 Avg (August) 11.4133

2010 Avg (August) 11.4140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.4211	11.4053	11.4119
February	11.4217	11.4051	11.4115
March	11.4196	11.4036	11.4091
April	11.4214	11.4053	11.4105
May	11.4220	11.4053	11.4128
June	11.4219	11.3986	11.4105
July	11.4219	11.4053	11.4120
August	11.4651	11.4021	11.4133
September	11.4217	11.4053	11.4110
October	11.4240	11.4053	11.4115
November	11.4399	11.4015	11.4108
December	11.4213	11.4010	11.4070