2011 CVE to VEF Historical Review

YEARLY HIGH

0.0580 VEF

YEARLY LOW

0.0503 VEF

YEARLY AVERAGE

0.0542 VEF

2011 CVE to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CVE to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.0580. Conversely, the yearly low was recorded on January 10, dropping to 0.0503.

This high-to-low spread represents a total annual volatility of 0.0077 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0521 to the December average rate of 0.0513, the exchange rate registered a net change of -1.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0580 was up 0.79% compared to the 2010 peak of 0.0575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 290 VEF

2010 Average 255 VEF

Yearly Trough Low 251 VEF

Transaction Impact: A difference of 38.54 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0568

0.0508

JanuMarcMayJulySeptNove

CVE 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 0.0547, compared to 0.0538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0547

H2 Avg (Jul–Dec) 0.0538

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0039 VEF (High: 0.0552 / Low: 0.0513). On the other end, August was the most stable month, with a tight range of 0.0013 VEF (High: 0.0564 / Low: 0.0551).

October Spread (Volatile) ±0.0039

August Spread (Stable) ±0.0013

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 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0559) against the same month in 2010 (average: 0.0491), the exchange rate shifted by +0.0068 (+13.91%).

2011 Avg (May) 0.0559

2010 Avg (May) 0.0491

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0535	0.0503	0.0521
February	0.0539	0.0523	0.0532
March	0.0554	0.0536	0.0545
April	0.0580	0.0551	0.0563
May	0.0580	0.0546	0.0559
June	0.0571	0.0549	0.0560
July	0.0565	0.0544	0.0556
August	0.0564	0.0551	0.0558
September	0.0556	0.0523	0.0537
October	0.0552	0.0513	0.0535
November	0.0538	0.0515	0.0528
December	0.0527	0.0503	0.0513