2011 HRK to VEF Historical Review

YEARLY HIGH

0.8669 VEF

YEARLY LOW

0.7354 VEF

YEARLY AVERAGE

0.8043 VEF

2011 HRK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HRK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.8669. Conversely, the yearly low was recorded on December 29, dropping to 0.7354.

This high-to-low spread represents a total annual volatility of 0.1314 VEF. From a start-to-finish perspective, comparing the January average rate of 0.7761 to the December average rate of 0.7533, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8669 was down 0.60% compared to the 2010 peak of 0.8721, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,334 VEF

2010 Average 3,852 VEF

Yearly Trough Low 3,677 VEF

Transaction Impact: A difference of 657.23 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8524

0.7443

JanuMarcMayJulySeptNove

HRK 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 0.8151, compared to 0.7934 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0218 points.

H1 Avg (Jan–Jun) 0.8151

H2 Avg (Jul–Dec) 0.7934

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0564 VEF (High: 0.8123 / Low: 0.7560). On the other end, August was the most stable month, with a tight range of 0.0166 VEF (High: 0.8328 / Low: 0.8162).

October Spread (Volatile) ±0.0564

August Spread (Stable) ±0.0166

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 0.0351 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.8434) against the same month in 2010 (average: 0.7944), the exchange rate shifted by +0.0489 (+6.16%).

2011 Avg (April) 0.8434

2010 Avg (April) 0.7944

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7943	0.7496	0.7761
February	0.7996	0.7792	0.7907
March	0.8275	0.7997	0.8139
April	0.8669	0.8242	0.8434
May	0.8669	0.8108	0.8324
June	0.8459	0.8176	0.8344
July	0.8433	0.8070	0.8263
August	0.8328	0.8162	0.8252
September	0.8202	0.7715	0.7901
October	0.8123	0.7560	0.7880
November	0.7900	0.7584	0.7773
December	0.7719	0.7354	0.7533