2012 PEN to VEF Historical Review

YEARLY HIGH

1.6868 VEF

YEARLY LOW

1.5851 VEF

YEARLY AVERAGE

1.6278 VEF

2012 PEN to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the PEN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.6868. Conversely, the yearly low was recorded on June 1, dropping to 1.5851.

This high-to-low spread represents a total annual volatility of 0.1017 VEF. From a start-to-finish perspective, comparing the January average rate of 1.5943 to the December average rate of 1.6725, the exchange rate registered a net change of 4.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.6868 was up 5.71% compared to the 2011 peak of 1.5957, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,434 VEF

2011 Average 7,799 VEF

Yearly Trough Low 7,925 VEF

Transaction Impact: A difference of 508.68 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.6804

1.5865

JanuMarcMayJulySeptNove

PEN 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 1.6055, compared to 1.6500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0445 points.

H1 Avg (Jan–Jun) 1.6055

H2 Avg (Jul–Dec) 1.6500

Volatility Range Comparison

Volatility

The most volatile month in 2012 was June, with a trading range of 0.0449 VEF (High: 1.6300 / Low: 1.5851). On the other end, January was the most stable month, with a tight range of 0.0044 VEF (High: 1.5961 / Low: 1.5917).

June Spread (Volatile) ±0.0449

January Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0057 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 1.6725) against the same month in 2011 (average: 1.5923), the exchange rate shifted by +0.0803 (+5.04%).

2012 Avg (December) 1.6725

2011 Avg (December) 1.5923

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5961	1.5917	1.5943
February	1.6065	1.5954	1.5999
March	1.6099	1.6032	1.6070
April	1.6275	1.6068	1.6159
May	1.6276	1.5856	1.6102
June	1.6300	1.5851	1.6058
July	1.6409	1.6103	1.6286
August	1.6472	1.6286	1.6402
September	1.6574	1.6415	1.6492
October	1.6639	1.6488	1.6575
November	1.6629	1.6439	1.6521
December	1.6868	1.6597	1.6725