2011 KES to VEF Historical Review

YEARLY HIGH

0.0533 VEF

YEARLY LOW

0.0404 VEF

YEARLY AVERAGE

0.0487 VEF

2011 KES to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KES to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0533. Conversely, the yearly low was recorded on October 11, dropping to 0.0404.

This high-to-low spread represents a total annual volatility of 0.0129 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0531 to the December average rate of 0.0497, the exchange rate registered a net change of -6.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0533 was down 8.00% compared to the 2010 peak of 0.0579, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 267 VEF

2010 Average 267 VEF

Yearly Trough Low 202 VEF

Transaction Impact: A difference of 64.50 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0541

0.0415

JanuMarcMayJulySeptNove

KES 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 0.0511, compared to 0.0462 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) 0.0511

H2 Avg (Jul–Dec) 0.0462

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0045 VEF (High: 0.0481 / Low: 0.0437). On the other end, January was the most stable month, with a tight range of 0.0005 VEF (High: 0.0533 / Low: 0.0528).

November Spread (Volatile) ±0.0045

January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0531) against the same month in 2010 (average: 0.0476), the exchange rate shifted by +0.0055 (+11.53%).

2011 Avg (January) 0.0531

2010 Avg (January) 0.0476

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0533	0.0528	0.0531
February	0.0531	0.0521	0.0527
March	0.0519	0.0499	0.0510
April	0.0516	0.0510	0.0513
May	0.0516	0.0495	0.0504
June	0.0500	0.0469	0.0483
July	0.0485	0.0471	0.0478
August	0.0471	0.0452	0.0463
September	0.0459	0.0418	0.0447
October	0.0433	0.0404	0.0426
November	0.0481	0.0437	0.0461
December	0.0515	0.0478	0.0497