2011 BYR to VEF Historical Review

YEARLY HIGH

0.0014 VEF

YEARLY LOW

0.0005 VEF

YEARLY AVERAGE

0.0011 VEF

2011 BYR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BYR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0014. Conversely, the yearly low was recorded on November 16, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0009 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0014 to the December average rate of 0.0005, the exchange rate registered a net change of -64.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0014 was down 6.38% compared to the 2010 peak of 0.0015, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7 VEF

2010 Average 7 VEF

Yearly Trough Low 2 VEF

Transaction Impact: A difference of 4.73 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0015

0.0004

JanuMarcMayJulySeptNove

BYR 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 0.0013, compared to 0.0009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0013

H2 Avg (Jul–Dec) 0.0009

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0003 VEF (High: 0.0014 / Low: 0.0011). On the other end, June was the most stable month, with a tight range of 0.0000 VEF (High: 0.0011 / Low: 0.0011).

May Spread (Volatile) ±0.0003

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0014) against the same month in 2010 (average: 0.0013), the exchange rate shifted by +0.0002 (+13.17%).

2011 Avg (January) 0.0014

2010 Avg (January) 0.0013

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0014	0.0014	0.0014
February	0.0014	0.0014	0.0014
March	0.0014	0.0014	0.0014
April	0.0014	0.0014	0.0014
May	0.0014	0.0011	0.0013
June	0.0011	0.0011	0.0011
July	0.0011	0.0011	0.0011
August	0.0011	0.0011	0.0011
September	0.0011	0.0010	0.0010
October	0.0010	0.0007	0.0010
November	0.0007	0.0005	0.0006
December	0.0005	0.0005	0.0005