2011 LRD to VEF Historical Review

YEARLY HIGH

0.0615 VEF

YEARLY LOW

0.0588 VEF

YEARLY AVERAGE

0.0596 VEF

2011 LRD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LRD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0615. Conversely, the yearly low was recorded on July 20, dropping to 0.0588.

This high-to-low spread represents a total annual volatility of 0.0027 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0600 to the December average rate of 0.0596, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0615 was down 4.12% compared to the 2010 peak of 0.0641, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 307 VEF

2010 Average 299 VEF

Yearly Trough Low 294 VEF

Transaction Impact: A difference of 13.27 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0601

0.0592

JanuMarcMayJulySeptNove

LRD 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 0.0596, compared to 0.0596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0596

H2 Avg (Jul–Dec) 0.0596

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0022 VEF (High: 0.0615 / Low: 0.0592). On the other end, February was the most stable month, with a tight range of 0.0005 VEF (High: 0.0597 / Low: 0.0592).

January Spread (Volatile) ±0.0022

February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0600) against the same month in 2010 (average: 0.0512), the exchange rate shifted by +0.0088 (+17.21%).

2011 Avg (January) 0.0600

2010 Avg (January) 0.0512

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0615	0.0592	0.0600
February	0.0597	0.0592	0.0593
March	0.0603	0.0592	0.0596
April	0.0603	0.0593	0.0598
May	0.0603	0.0592	0.0596
June	0.0601	0.0588	0.0594
July	0.0597	0.0588	0.0592
August	0.0600	0.0592	0.0595
September	0.0601	0.0592	0.0598
October	0.0601	0.0592	0.0595
November	0.0606	0.0593	0.0601
December	0.0605	0.0589	0.0596