2011 SBD to VEF Historical Review

YEARLY HIGH

0.5894 VEF

YEARLY LOW

0.5388 VEF

YEARLY AVERAGE

0.5646 VEF

2011 SBD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SBD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 0.5894. Conversely, the yearly low was recorded on January 3, dropping to 0.5388.

This high-to-low spread represents a total annual volatility of 0.0506 VEF. From a start-to-finish perspective, comparing the January average rate of 0.5509 to the December average rate of 0.5626, the exchange rate registered a net change of 2.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5894 was up 3.24% compared to the 2010 peak of 0.5709, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,947 VEF

2010 Average 2,712 VEF

Yearly Trough Low 2,694 VEF

Transaction Impact: A difference of 252.77 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5842

0.5478

JanuMarcMayJulySeptNove

SBD 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 0.5596, compared to 0.5695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.5596

H2 Avg (Jul–Dec) 0.5695

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0224 VEF (High: 0.5713 / Low: 0.5489). On the other end, December was the most stable month, with a tight range of 0.0051 VEF (High: 0.5641 / Low: 0.5590).

May Spread (Volatile) ±0.0224

December Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0117 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 0.5811) against the same month in 2010 (average: 0.5584), the exchange rate shifted by +0.0227 (+4.07%).

2011 Avg (July) 0.5811

2010 Avg (July) 0.5584

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5607	0.5388	0.5509
February	0.5605	0.5493	0.5546
March	0.5662	0.5575	0.5617
April	0.5713	0.5561	0.5620
May	0.5713	0.5489	0.5584
June	0.5763	0.5624	0.5700
July	0.5894	0.5756	0.5811
August	0.5836	0.5751	0.5796
September	0.5801	0.5587	0.5679
October	0.5674	0.5528	0.5574
November	0.5748	0.5597	0.5686
December	0.5641	0.5590	0.5626