2011 GMD to VEF Historical Review

YEARLY HIGH

0.1628 VEF

YEARLY LOW

0.1425 VEF

YEARLY AVERAGE

0.1526 VEF

2011 GMD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GMD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 0.1628. Conversely, the yearly low was recorded on September 28, dropping to 0.1425.

This high-to-low spread represents a total annual volatility of 0.0203 VEF. From a start-to-finish perspective, comparing the January average rate of 0.1550 to the December average rate of 0.1483, the exchange rate registered a net change of -4.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1628 was down 2.73% compared to the 2010 peak of 0.1674, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 814 VEF

2010 Average 768 VEF

Yearly Trough Low 713 VEF

Transaction Impact: A difference of 101.52 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1569

0.1462

JanuMarcMayJulySeptNove

GMD 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 0.1551, compared to 0.1501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.1551

H2 Avg (Jul–Dec) 0.1501

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0126 VEF (High: 0.1628 / Low: 0.1502). On the other end, February was the most stable month, with a tight range of 0.0049 VEF (High: 0.1568 / Low: 0.1519).

July Spread (Volatile) ±0.0126

February Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0068 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.1551) against the same month in 2010 (average: 0.1487), the exchange rate shifted by +0.0064 (+4.33%).

2011 Avg (July) 0.1551

2010 Avg (July) 0.1487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1584	0.1519	0.1550
February	0.1568	0.1519	0.1531
March	0.1606	0.1520	0.1554
April	0.1606	0.1529	0.1560
May	0.1589	0.1519	0.1551
June	0.1624	0.1499	0.1558
July	0.1628	0.1502	0.1551
August	0.1580	0.1489	0.1544
September	0.1552	0.1425	0.1476
October	0.1523	0.1427	0.1480
November	0.1496	0.1440	0.1471
December	0.1506	0.1453	0.1483