2013 BRL to VEF Historical Review

YEARLY HIGH

3.1955 VEF

YEARLY LOW

2.0965 VEF

YEARLY AVERAGE

2.6969 VEF

2013 BRL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BRL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 3.1955. Conversely, the yearly low was recorded on January 1, dropping to 2.0965.

This high-to-low spread represents a total annual volatility of 1.0991 VEF. From a start-to-finish perspective, comparing the January average rate of 2.1129 to the December average rate of 2.6813, the exchange rate registered a net change of 26.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 3.1955 was up 27.05% compared to the 2012 peak of 2.5152, 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 79,888 VEF

2012 Average 55,165 VEF

Yearly Trough Low 52,412 VEF

Transaction Impact: A difference of 27,476.34 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

3.2509

2.0094

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 2.6354, compared to 2.7585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1231 points.

H1 Avg (Jan–Jun) 2.6354

H2 Avg (Jul–Dec) 2.7585

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.9947 VEF (High: 3.1308 / Low: 2.1361). On the other end, February was the most stable month, with a tight range of 0.0361 VEF (High: 2.1911 / Low: 2.1549).

March Spread (Volatile) ±0.9947

February Spread (Stable) ±0.0361

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 May and June, when the average rate fell by 0.1982 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1982

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2013: 3.1474) against the same month in 2012 (average: 2.3192), the exchange rate shifted by +0.8282 (+35.71%).

2013 Avg (April) 3.1474

2012 Avg (April) 2.3192

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1588	2.0965	2.1129
February	2.1911	2.1549	2.1757
March	3.1308	2.1361	2.3864
April	3.1955	3.1078	3.1474
May	3.1374	2.9569	3.0941
June	2.9558	2.7988	2.8959
July	2.8283	2.7626	2.7962
August	2.7706	2.5850	2.6894
September	2.8586	2.6388	2.7714
October	2.9082	2.8305	2.8731
November	2.8051	2.6958	2.7395
December	2.7245	2.6369	2.6813