2011 FJD to VEF Historical Review

YEARLY HIGH

2.5101 VEF

YEARLY LOW

2.2864 VEF

YEARLY AVERAGE

2.3883 VEF

2011 FJD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FJD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 11, valuing the pair at 2.5101. Conversely, the yearly low was recorded on January 3, dropping to 2.2864.

This high-to-low spread represents a total annual volatility of 0.2237 VEF. From a start-to-finish perspective, comparing the January average rate of 2.3343 to the December average rate of 2.3465, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.5101 was up 5.88% compared to the 2010 peak of 2.3707, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,550 VEF

2010 Average 10,997 VEF

Yearly Trough Low 11,432 VEF

Transaction Impact: A difference of 1,118.52 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.4803

2.3210

JanuMarcMayJulySeptNove

FJD 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 2.3796, compared to 2.3971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0175 points.

H1 Avg (Jan–Jun) 2.3796

H2 Avg (Jul–Dec) 2.3971

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.1893 VEF (High: 2.4830 / Low: 2.2937). On the other end, June was the most stable month, with a tight range of 0.0249 VEF (High: 2.4435 / Low: 2.4186).

October Spread (Volatile) ±0.1893

June Spread (Stable) ±0.0249

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0564 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0564

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 2.4670) against the same month in 2010 (average: 2.1861), the exchange rate shifted by +0.2808 (+12.85%).

2011 Avg (July) 2.4670

2010 Avg (July) 2.1861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3623	2.2864	2.3343
February	2.3635	2.3187	2.3351
March	2.3711	2.3176	2.3401
April	2.4587	2.3720	2.4109
May	2.4629	2.3998	2.4235
June	2.4435	2.4186	2.4335
July	2.5101	2.4415	2.4670
August	2.5044	2.4261	2.4551
September	2.4446	2.3361	2.3987
October	2.4830	2.2937	2.3509
November	2.4354	2.3057	2.3644
December	2.3595	2.3240	2.3465