2012 GIP to VEF Historical Review

YEARLY HIGH

6.9796 VEF

YEARLY LOW

6.5798 VEF

YEARLY AVERAGE

6.8095 VEF

2012 GIP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GIP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 6.9796. Conversely, the yearly low was recorded on January 13, dropping to 6.5798.

This high-to-low spread represents a total annual volatility of 0.3998 VEF. From a start-to-finish perspective, comparing the January average rate of 6.6617 to the December average rate of 6.8932, the exchange rate registered a net change of 3.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 6.9796 was down 2.60% compared to the 2011 peak of 7.1660, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,898 VEF

2011 Average 34,443 VEF

Yearly Trough Low 32,899 VEF

Transaction Impact: A difference of 1,999.03 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

6.9163

6.6385

JanuMarcMayJulySeptNove

GIP 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 6.7714, compared to 6.8476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0763 points.

H1 Avg (Jan–Jun) 6.7714

H2 Avg (Jul–Dec) 6.8476

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.3331 VEF (High: 6.9702 / Low: 6.6370). On the other end, October was the most stable month, with a tight range of 0.0514 VEF (High: 6.9039 / Low: 6.8525).

May Spread (Volatile) ±0.3331

October Spread (Stable) ±0.0514

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 May and June, when the average rate fell by 0.1682 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1682

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2012: 6.8730) against the same month in 2011 (average: 7.0331), the exchange rate shifted by -0.1601 (-2.28%).

2012 Avg (April) 6.8730

2011 Avg (April) 7.0331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.7686	6.5798	6.6617
February	6.8602	6.7277	6.7906
March	6.8653	6.7125	6.7960
April	6.9796	6.7992	6.8730
May	6.9702	6.6370	6.8376
June	6.7540	6.5828	6.6694
July	6.8099	6.7015	6.7667
August	6.8353	6.7562	6.8020
September	6.9207	6.8356	6.8876
October	6.9039	6.8525	6.8798
November	6.8900	6.8292	6.8566
December	6.9228	6.8710	6.8932