2012 CVE to VEF Historical Review

YEARLY HIGH

0.0521 VEF

YEARLY LOW

0.0467 VEF

YEARLY AVERAGE

0.0500 VEF

2012 CVE to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the CVE to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.0521. Conversely, the yearly low was recorded on July 24, dropping to 0.0467.

This high-to-low spread represents a total annual volatility of 0.0054 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0502 to the December average rate of 0.0510, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0521 was down 10.15% compared to the 2011 peak of 0.0580, 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 260 VEF

2011 Average 271 VEF

Yearly Trough Low 234 VEF

Transaction Impact: A difference of 26.78 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0518

0.0473

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 0.0505, compared to 0.0495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0505

H2 Avg (Jul–Dec) 0.0495

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0033 VEF (High: 0.0515 / Low: 0.0482). On the other end, October was the most stable month, with a tight range of 0.0009 VEF (High: 0.0508 / Low: 0.0499).

May Spread (Volatile) ±0.0033

October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between July and October, 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 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 0.0514) against the same month in 2011 (average: 0.0532), the exchange rate shifted by -0.0018 (-3.32%).

2012 Avg (February) 0.0514

2011 Avg (February) 0.0532

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0513	0.0493	0.0502
February	0.0521	0.0509	0.0514
March	0.0519	0.0508	0.0514
April	0.0519	0.0508	0.0512
May	0.0515	0.0482	0.0499
June	0.0493	0.0481	0.0487
July	0.0491	0.0467	0.0477
August	0.0486	0.0472	0.0480
September	0.0510	0.0486	0.0501
October	0.0508	0.0499	0.0504
November	0.0504	0.0493	0.0498
December	0.0516	0.0502	0.0510