2013 HNL to VEF Historical Review

YEARLY HIGH

0.3318 VEF

YEARLY LOW

0.2142 VEF

YEARLY AVERAGE

0.2902 VEF

2013 HNL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the HNL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 22, valuing the pair at 0.3318. Conversely, the yearly low was recorded on February 25, dropping to 0.2142.

This high-to-low spread represents a total annual volatility of 0.1176 VEF. From a start-to-finish perspective, comparing the January average rate of 0.2159 to the December average rate of 0.3082, the exchange rate registered a net change of 42.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.3318 was up 46.54% compared to the 2012 peak of 0.2264, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,659 VEF

2012 Average 1,112 VEF

Yearly Trough Low 1,071 VEF

Transaction Impact: A difference of 587.89 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.3362

0.2045

JanuMarcMayJulySeptNove

HNL 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 0.2718, compared to 0.3086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0367 points.

H1 Avg (Jan–Jun) 0.2718

H2 Avg (Jul–Dec) 0.3086

Volatility Range Comparison

Volatility

The most volatile month in 2013 was March, with a trading range of 0.1057 VEF (High: 0.3210 / Low: 0.2153). On the other end, August was the most stable month, with a tight range of 0.0015 VEF (High: 0.3095 / Low: 0.3080).

March Spread (Volatile) ±0.1057

August Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between February and May, 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 0.0149 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2013: 0.3252) against the same month in 2012 (average: 0.2253), the exchange rate shifted by +0.0999 (+44.35%).

2013 Avg (May) 0.3252

2012 Avg (May) 0.2253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2168	0.2153	0.2159
February	0.2159	0.2142	0.2155
March	0.3210	0.2153	0.2402
April	0.3268	0.3206	0.3238
May	0.3318	0.3107	0.3252
June	0.3113	0.3092	0.3103
July	0.3123	0.3082	0.3102
August	0.3095	0.3080	0.3086
September	0.3111	0.3075	0.3087
October	0.3089	0.3072	0.3079
November	0.3098	0.3064	0.3077
December	0.3104	0.3064	0.3082