2013 GIP to VEF Historical Review

YEARLY HIGH

10.4277 VEF

YEARLY LOW

6.7015 VEF

YEARLY AVERAGE

9.1740 VEF

2013 GIP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GIP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 10.4277. Conversely, the yearly low was recorded on February 24, dropping to 6.7015.

This high-to-low spread represents a total annual volatility of 3.7262 VEF. From a start-to-finish perspective, comparing the January average rate of 6.8614 to the December average rate of 10.3050, the exchange rate registered a net change of 50.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 10.4277 was up 49.40% compared to the 2012 peak of 6.9796, 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 52,138 VEF

2012 Average 34,047 VEF

Yearly Trough Low 33,507 VEF

Transaction Impact: A difference of 18,630.92 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

10.6572

6.4313

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 8.3729, compared to 9.9750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6021 points.

H1 Avg (Jan–Jun) 8.3729

H2 Avg (Jul–Dec) 9.9750

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 3.1961 VEF (High: 10.0581 / Low: 6.8620). On the other end, January was the most stable month, with a tight range of 0.1190 VEF (High: 6.9196 / Low: 6.8006).

March Spread (Volatile) ±3.1961

January Spread (Stable) ±0.1190

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1842 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1842

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 10.3050) against the same month in 2012 (average: 6.8932), the exchange rate shifted by +3.4118 (+49.50%).

2013 Avg (December) 10.3050

2012 Avg (December) 6.8932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.9196	6.8006	6.8614
February	6.8648	6.7015	6.7834
March	10.0581	6.8620	7.5838
April	10.0425	9.5033	9.6530
May	9.7982	9.4690	9.6239
June	9.8880	9.5615	9.7319
July	9.6803	9.3585	9.5478
August	9.8590	9.5240	9.7531
September	10.1694	9.7612	9.9837
October	10.2021	10.0413	10.1226
November	10.3034	10.0084	10.1379
December	10.4277	10.2390	10.3050