2011 KWD to VEF Historical Review

YEARLY HIGH

15.7973 VEF

YEARLY LOW

15.2000 VEF

YEARLY AVERAGE

15.5403 VEF

2011 KWD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KWD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 15.7973. Conversely, the yearly low was recorded on January 10, dropping to 15.2000.

This high-to-low spread represents a total annual volatility of 0.5972 VEF. From a start-to-finish perspective, comparing the January average rate of 15.2936 to the December average rate of 15.4575, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 15.7973 was up 2.98% compared to the 2010 peak of 15.3403, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,986 VEF

2010 Average 73,823 VEF

Yearly Trough Low 76,000 VEF

Transaction Impact: A difference of 2,986.22 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

15.7925

15.2483

JanuMarcMayJulySeptNove

KWD 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 15.4762, compared to 15.6043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1281 points.

H1 Avg (Jan–Jun) 15.4762

H2 Avg (Jul–Dec) 15.6043

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.3342 VEF (High: 15.7747 / Low: 15.4405). On the other end, March was the most stable month, with a tight range of 0.1045 VEF (High: 15.5179 / Low: 15.4133).

September Spread (Volatile) ±0.3342

March Spread (Stable) ±0.1045

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1396 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 15.7472) against the same month in 2010 (average: 14.9262), the exchange rate shifted by +0.8210 (+5.50%).

2011 Avg (August) 15.7472

2010 Avg (August) 14.9262

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.3703	15.2000	15.2936
February	15.4210	15.2943	15.3509
March	15.5179	15.4133	15.4614
April	15.6671	15.4633	15.5349
May	15.6671	15.5216	15.5878
June	15.6855	15.5788	15.6288
July	15.7585	15.6007	15.6758
August	15.7973	15.6850	15.7472
September	15.7747	15.4405	15.6076
October	15.6950	15.4667	15.5787
November	15.6009	15.4959	15.5589
December	15.5225	15.3953	15.4575