2011 SCR to VEF Historical Review

YEARLY HIGH

0.3571 VEF

YEARLY LOW

0.3103 VEF

YEARLY AVERAGE

0.3453 VEF

2011 SCR to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SCR to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.3571. Conversely, the yearly low was recorded on December 27, dropping to 0.3103.

This high-to-low spread represents a total annual volatility of 0.0468 VEF. From a start-to-finish perspective, comparing the January average rate of 0.3459 to the December average rate of 0.3221, the exchange rate registered a net change of -6.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3571 was down 10.40% compared to the 2010 peak of 0.3986, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,786 VEF

2010 Average 1,745 VEF

Yearly Trough Low 1,551 VEF

Transaction Impact: A difference of 234.24 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3544

0.3192

JanuMarcMayJulySeptNove

SCR 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 0.3486, compared to 0.3421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.3486

H2 Avg (Jul–Dec) 0.3421

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.0239 VEF (High: 0.3342 / Low: 0.3103). On the other end, May was the most stable month, with a tight range of 0.0100 VEF (High: 0.3543 / Low: 0.3443).

December Spread (Volatile) ±0.0239

May Spread (Stable) ±0.0100

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 November and December, when the average rate fell by 0.0145 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.3491) against the same month in 2010 (average: 0.3412), the exchange rate shifted by +0.0079 (+2.31%).

2011 Avg (September) 0.3491

2010 Avg (September) 0.3412

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3535	0.3402	0.3459
February	0.3546	0.3443	0.3488
March	0.3549	0.3408	0.3490
April	0.3557	0.3443	0.3509
May	0.3543	0.3443	0.3470
June	0.3565	0.3443	0.3501
July	0.3569	0.3429	0.3514
August	0.3567	0.3425	0.3506
September	0.3571	0.3429	0.3491
October	0.3481	0.3341	0.3427
November	0.3429	0.3276	0.3366
December	0.3342	0.3103	0.3221