2011 NAD to VEF Historical Review

YEARLY HIGH

0.6539 VEF

YEARLY LOW

0.5038 VEF

YEARLY AVERAGE

0.5953 VEF

2011 NAD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NAD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.6539. Conversely, the yearly low was recorded on November 25, dropping to 0.5038.

This high-to-low spread represents a total annual volatility of 0.1501 VEF. From a start-to-finish perspective, comparing the January average rate of 0.6205 to the December average rate of 0.5248, the exchange rate registered a net change of -15.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6539 was up 0.83% compared to the 2010 peak of 0.6485, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,269 VEF

2010 Average 2,902 VEF

Yearly Trough Low 2,519 VEF

Transaction Impact: A difference of 750.34 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6495

0.5135

JanuMarcMayJulySeptNove

NAD 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 0.6226, compared to 0.5679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0547 points.

H1 Avg (Jan–Jun) 0.6226

H2 Avg (Jul–Dec) 0.5679

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0792 VEF (High: 0.6141 / Low: 0.5349). On the other end, June was the most stable month, with a tight range of 0.0156 VEF (High: 0.6392 / Low: 0.6236).

September Spread (Volatile) ±0.0792

June Spread (Stable) ±0.0156

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 September and October, when the average rate fell by 0.0381 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.6261) against the same month in 2010 (average: 0.5668), the exchange rate shifted by +0.0593 (+10.46%).

2011 Avg (May) 0.6261

2010 Avg (May) 0.5668

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6495	0.5982	0.6205
February	0.6169	0.5873	0.5974
March	0.6320	0.6069	0.6211
April	0.6522	0.6254	0.6382
May	0.6539	0.6091	0.6261
June	0.6392	0.6236	0.6324
July	0.6466	0.6157	0.6333
August	0.6396	0.5886	0.6065
September	0.6141	0.5349	0.5771
October	0.5482	0.5268	0.5389
November	0.5437	0.5038	0.5269
December	0.5359	0.5111	0.5248