2011 BRL to VEF Historical Review

YEARLY HIGH

2.7975 VEF

YEARLY LOW

2.2684 VEF

YEARLY AVERAGE

2.5751 VEF

2011 BRL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BRL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 2.7975. Conversely, the yearly low was recorded on November 25, dropping to 2.2684.

This high-to-low spread represents a total annual volatility of 0.5291 VEF. From a start-to-finish perspective, comparing the January average rate of 2.5644 to the December average rate of 2.3403, the exchange rate registered a net change of -8.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.7975 was up 7.77% compared to the 2010 peak of 2.5958, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 69,937 VEF

2010 Average 60,238 VEF

Yearly Trough Low 56,711 VEF

Transaction Impact: A difference of 13,226.59 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.7890

2.2995

JanuMarcMayJulySeptNove

BRL 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 2.6358, compared to 2.5143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1215 points.

H1 Avg (Jan–Jun) 2.6358

H2 Avg (Jul–Dec) 2.5143

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.4036 VEF (High: 2.6817 / Low: 2.2781). On the other end, February was the most stable month, with a tight range of 0.0276 VEF (High: 2.5891 / Low: 2.5615).

September Spread (Volatile) ±0.4036

February Spread (Stable) ±0.0276

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 August and September, when the average rate fell by 0.2111 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 2.7482) against the same month in 2010 (average: 2.4272), the exchange rate shifted by +0.3210 (+13.22%).

2011 Avg (July) 2.7482

2010 Avg (July) 2.4272

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6033	2.5386	2.5644
February	2.5891	2.5615	2.5771
March	2.6413	2.5690	2.5902
April	2.7485	2.6450	2.7132
May	2.7306	2.6270	2.6650
June	2.7458	2.6660	2.7051
July	2.7975	2.7163	2.7482
August	2.7634	2.6360	2.6882
September	2.6817	2.2781	2.4771
October	2.5491	2.2734	2.4283
November	2.4824	2.2684	2.4035
December	2.4081	2.2909	2.3403