2012 MDL to VEF Historical Review

YEARLY HIGH

0.3688 VEF

YEARLY LOW

0.3409 VEF

YEARLY AVERAGE

0.3551 VEF

2012 MDL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MDL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.3688. Conversely, the yearly low was recorded on August 2, dropping to 0.3409.

This high-to-low spread represents a total annual volatility of 0.0279 VEF. From a start-to-finish perspective, comparing the January average rate of 0.3643 to the December average rate of 0.3526, the exchange rate registered a net change of -3.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.3688 was down 3.61% compared to the 2011 peak of 0.3826, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,844 VEF

2011 Average 1,835 VEF

Yearly Trough Low 1,704 VEF

Transaction Impact: A difference of 139.34 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.3674

0.3418

JanuMarcMayJulySeptNove

MDL 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 0.3621, compared to 0.3481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 0.3621

H2 Avg (Jul–Dec) 0.3481

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0123 VEF (High: 0.3679 / Low: 0.3556). On the other end, November was the most stable month, with a tight range of 0.0029 VEF (High: 0.3492 / Low: 0.3463).

May Spread (Volatile) ±0.0123

November Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between August and October, 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 June and July, when the average rate fell by 0.0081 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 0.3643) against the same month in 2011 (average: 0.3529), the exchange rate shifted by +0.0114 (+3.23%).

2012 Avg (January) 0.3643

2011 Avg (January) 0.3529

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3688	0.3602	0.3643
February	0.3660	0.3581	0.3631
March	0.3649	0.3610	0.3629
April	0.3680	0.3630	0.3652
May	0.3679	0.3556	0.3620
June	0.3574	0.3488	0.3549
July	0.3525	0.3420	0.3467
August	0.3466	0.3409	0.3439
September	0.3478	0.3448	0.3464
October	0.3544	0.3461	0.3507
November	0.3492	0.3463	0.3480
December	0.3566	0.3478	0.3526