2011 BZD to VEF Historical Review

YEARLY HIGH

2.1809 VEF

YEARLY LOW

2.1469 VEF

YEARLY AVERAGE

2.1593 VEF

2011 BZD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BZD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 2.1809. Conversely, the yearly low was recorded on August 4, dropping to 2.1469.

This high-to-low spread represents a total annual volatility of 0.0340 VEF. From a start-to-finish perspective, comparing the January average rate of 2.1619 to the December average rate of 2.1553, the exchange rate registered a net change of -0.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.1809 was down 0.70% compared to the 2010 peak of 2.1962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,905 VEF

2010 Average 10,661 VEF

Yearly Trough Low 10,734 VEF

Transaction Impact: A difference of 170.22 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.1625

2.1547

JanuMarcMayJulySeptNove

BZD 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 2.1610, compared to 2.1577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 2.1610

H2 Avg (Jul–Dec) 2.1577

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0340 VEF (High: 2.1809 / Low: 2.1469). On the other end, October was the most stable month, with a tight range of 0.0027 VEF (High: 2.1574 / Low: 2.1547).

August Spread (Volatile) ±0.0340

October Spread (Stable) ±0.0027

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 August and September, when the average rate fell by 0.0030 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 2.1615) against the same month in 2010 (average: 2.1617), the exchange rate shifted by -0.0002 (-0.01%).

2011 Avg (August) 2.1615

2010 Avg (August) 2.1617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1635	2.1608	2.1619
February	2.1635	2.1608	2.1617
March	2.1635	2.1608	2.1615
April	2.1720	2.1508	2.1592
May	2.1722	2.1548	2.1609
June	2.1716	2.1548	2.1608
July	2.1718	2.1527	2.1593
August	2.1809	2.1469	2.1615
September	2.1719	2.1547	2.1585
October	2.1574	2.1547	2.1557
November	2.1615	2.1543	2.1560
December	2.1582	2.1542	2.1553