2012 BRL to VEF Historical Review

YEARLY HIGH

2.5152 VEF

YEARLY LOW

2.0094 VEF

YEARLY AVERAGE

2.2076 VEF

2012 BRL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BRL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 2.5152. Conversely, the yearly low was recorded on December 2, dropping to 2.0094.

This high-to-low spread represents a total annual volatility of 0.5057 VEF. From a start-to-finish perspective, comparing the January average rate of 2.3997 to the December average rate of 2.0635, the exchange rate registered a net change of -14.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.5152 was down 10.09% compared to the 2011 peak of 2.7975, 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 62,879 VEF

2011 Average 64,376 VEF

Yearly Trough Low 50,236 VEF

Transaction Impact: A difference of 12,643.03 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.5400

2.0202

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 2.3136, compared to 2.1016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2121 points.

H1 Avg (Jan–Jun) 2.3136

H2 Avg (Jul–Dec) 2.1016

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.1881 VEF (High: 2.2593 / Low: 2.0712). On the other end, October was the most stable month, with a tight range of 0.0234 VEF (High: 2.1243 / Low: 2.1010).

May Spread (Volatile) ±0.1881

October Spread (Stable) ±0.0234

Growth Streaks & Declines

Trends

Between June and September, 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 0.1487 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1487

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 2.4967) against the same month in 2011 (average: 2.5771), the exchange rate shifted by -0.0804 (-3.12%).

2012 Avg (February) 2.4967

2011 Avg (February) 2.5771

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4686	2.2981	2.3997
February	2.5152	2.4724	2.4967
March	2.4921	2.3472	2.3979
April	2.3588	2.2687	2.3192
May	2.2593	2.0712	2.1704
June	2.1251	2.0580	2.0978
July	2.1561	2.0939	2.1168
August	2.1310	2.0942	2.1177
September	2.1342	2.1032	2.1181
October	2.1243	2.1010	2.1143
November	2.1143	2.0301	2.0789
December	2.0991	2.0094	2.0635