2012 KMF to VEF Historical Review

YEARLY HIGH

0.0117 VEF

YEARLY LOW

0.0105 VEF

YEARLY AVERAGE

0.0112 VEF

2012 KMF to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the KMF to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.0117. Conversely, the yearly low was recorded on July 24, dropping to 0.0105.

This high-to-low spread represents a total annual volatility of 0.0012 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0113 to the December average rate of 0.0114, the exchange rate registered a net change of 1.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0117 was down 9.71% compared to the 2011 peak of 0.0130, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59 VEF

2011 Average 61 VEF

Yearly Trough Low 53 VEF

Transaction Impact: A difference of 6.07 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0116

0.0106

JanuMarcMayJulySeptNove

KMF 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 0.0113, compared to 0.0111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0113

H2 Avg (Jul–Dec) 0.0111

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0007 VEF (High: 0.0115 / Low: 0.0108). On the other end, August was the most stable month, with a tight range of 0.0002 VEF (High: 0.0108 / Low: 0.0107).

May Spread (Volatile) ±0.0007

August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, 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 April and May, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 0.0115) against the same month in 2011 (average: 0.0119), the exchange rate shifted by -0.0004 (-3.11%).

2012 Avg (February) 0.0115

2011 Avg (February) 0.0119

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0115	0.0111	0.0113
February	0.0117	0.0114	0.0115
March	0.0116	0.0114	0.0115
April	0.0116	0.0114	0.0115
May	0.0115	0.0108	0.0112
June	0.0111	0.0108	0.0109
July	0.0112	0.0105	0.0107
August	0.0108	0.0107	0.0108
September	0.0114	0.0108	0.0111
October	0.0114	0.0112	0.0113
November	0.0113	0.0111	0.0112
December	0.0115	0.0113	0.0114