2010 SAR to VEF Historical Review

YEARLY HIGH

1.1640 VEF

YEARLY LOW

0.5726 VEF

YEARLY AVERAGE

1.1304 VEF

2010 SAR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the SAR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 1.1640. Conversely, the yearly low was recorded on January 8, dropping to 0.5726.

This high-to-low spread represents a total annual volatility of 0.5914 VEF. From a start-to-finish perspective, comparing the January average rate of 0.9619 to the December average rate of 1.1457, the exchange rate registered a net change of 19.11% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 5,820 VEF

Yearly Average 5,652 VEF

Yearly Trough Low 2,863 VEF

Transaction Impact: A difference of 2,956.83 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.1642

0.9435

JanuMarcMayJulySeptNove

SAR 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 1.1150, compared to 1.1457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0307 points.

H1 Avg (Jan–Jun) 1.1150

H2 Avg (Jul–Dec) 1.1457

Volatility Range Comparison

Volatility

The most volatile month in 2010 was January, with a trading range of 0.5914 VEF (High: 1.1640 / Low: 0.5726). On the other end, August was the most stable month, with a tight range of 0.0014 VEF (High: 1.1466 / Low: 1.1452).

January Spread (Volatile) ±0.5914

August Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2010. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 0.9619.

2010 Avg (January) 0.9619

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1640	0.5726	0.9619
February	1.1474	1.1452	1.1458
March	1.1467	1.1452	1.1456
April	1.1467	1.1452	1.1456
May	1.1466	1.1452	1.1457
June	1.1467	1.1452	1.1456
July	1.1466	1.1452	1.1457
August	1.1466	1.1452	1.1457
September	1.1467	1.1452	1.1457
October	1.1467	1.1452	1.1457
November	1.1467	1.1452	1.1457
December	1.1468	1.1451	1.1457