2011 FKP to VEF Historical Review

YEARLY HIGH

7.1752 VEF

YEARLY LOW

6.6017 VEF

YEARLY AVERAGE

6.8909 VEF

2011 FKP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FKP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 7.1752. Conversely, the yearly low was recorded on October 6, dropping to 6.6017.

This high-to-low spread represents a total annual volatility of 0.5735 VEF. From a start-to-finish perspective, comparing the January average rate of 6.7761 to the December average rate of 6.7025, the exchange rate registered a net change of -1.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 7.1752 was up 1.86% compared to the 2010 peak of 7.0441, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,876 VEF

2010 Average 32,734 VEF

Yearly Trough Low 33,009 VEF

Transaction Impact: A difference of 2,867.60 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

7.0687

6.6692

JanuMarcMayJulySeptNove

FKP 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 6.9449, compared to 6.8370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1079 points.

H1 Avg (Jan–Jun) 6.9449

H2 Avg (Jul–Dec) 6.8370

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.3726 VEF (High: 6.9745 / Low: 6.6019). On the other end, February was the most stable month, with a tight range of 0.1135 VEF (High: 6.9849 / Low: 6.8713).

September Spread (Volatile) ±0.3726

February Spread (Stable) ±0.1135

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 0.2388 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2388

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 7.0354) against the same month in 2010 (average: 6.5872), the exchange rate shifted by +0.4481 (+6.80%).

2011 Avg (April) 7.0354

2010 Avg (April) 6.5872

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.8713	6.6469	6.7761
February	6.9849	6.8713	6.9288
March	7.0328	6.8637	6.9389
April	7.1752	6.9038	7.0354
May	7.1752	6.9232	7.0253
June	7.0557	6.8594	6.9648
July	7.0478	6.8225	6.9382
August	7.0957	6.9531	7.0279
September	6.9745	6.6019	6.7891
October	6.9306	6.6017	6.7759
November	6.8927	6.6345	6.7885
December	6.7410	6.6164	6.7025