2012 LTL to VEF Historical Review

YEARLY HIGH

1.6694 VEF

YEARLY LOW

1.5018 VEF

YEARLY AVERAGE

1.5990 VEF

2012 LTL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the LTL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 1.6694. Conversely, the yearly low was recorded on July 24, dropping to 1.5018.

This high-to-low spread represents a total annual volatility of 0.1677 VEF. From a start-to-finish perspective, comparing the January average rate of 1.6049 to the December average rate of 1.6311, the exchange rate registered a net change of 1.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.6694 was down 9.81% compared to the 2011 peak of 1.8510, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,347 VEF

2011 Average 8,660 VEF

Yearly Trough Low 7,509 VEF

Transaction Impact: A difference of 838.34 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.6563

1.5171

JanuMarcMayJulySeptNove

LTL 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 1.6133, compared to 1.5847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0286 points.

H1 Avg (Jan–Jun) 1.6133

H2 Avg (Jul–Dec) 1.5847

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.1045 VEF (High: 1.6454 / Low: 1.5410). On the other end, October was the most stable month, with a tight range of 0.0280 VEF (High: 1.6292 / Low: 1.6013).

May Spread (Volatile) ±0.1045

October Spread (Stable) ±0.0280

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 0.0438 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2012: 1.6447) against the same month in 2011 (average: 1.6979), the exchange rate shifted by -0.0532 (-3.13%).

2012 Avg (February) 1.6447

2011 Avg (February) 1.6979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6396	1.5760	1.6049
February	1.6694	1.6189	1.6447
March	1.6594	1.6230	1.6425
April	1.6594	1.6227	1.6370
May	1.6454	1.5410	1.5932
June	1.5794	1.5345	1.5579
July	1.5712	1.5018	1.5287
August	1.5641	1.5257	1.5409
September	1.6325	1.5634	1.5994
October	1.6292	1.6013	1.6133
November	1.6141	1.5787	1.5948
December	1.6479	1.6077	1.6311