2012 SZL to VEF Historical Review

YEARLY HIGH

0.5718 VEF

YEARLY LOW

0.4810 VEF

YEARLY AVERAGE

0.5241 VEF

2012 SZL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SZL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 0.5718. Conversely, the yearly low was recorded on November 22, dropping to 0.4810.

This high-to-low spread represents a total annual volatility of 0.0908 VEF. From a start-to-finish perspective, comparing the January average rate of 0.5362 to the December average rate of 0.4977, the exchange rate registered a net change of -7.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.5718 was down 12.62% compared to the 2011 peak of 0.6544, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,859 VEF

2011 Average 2,982 VEF

Yearly Trough Low 2,405 VEF

Transaction Impact: A difference of 454.14 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.5725

0.4804

JanuMarcMayJulySeptNove

SZL 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 0.5417, compared to 0.5066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0351 points.

H1 Avg (Jan–Jun) 0.5417

H2 Avg (Jul–Dec) 0.5066

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0513 VEF (High: 0.5556 / Low: 0.5043). On the other end, November was the most stable month, with a tight range of 0.0148 VEF (High: 0.4957 / Low: 0.4810).

May Spread (Volatile) ±0.0513

November Spread (Stable) ±0.0148

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0222 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0222

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2012: 0.5649) against the same month in 2011 (average: 0.6205), the exchange rate shifted by -0.0556 (-8.96%).

2012 Avg (March) 0.5649

2011 Avg (March) 0.6205

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5532	0.5244	0.5362
February	0.5701	0.5509	0.5608
March	0.5718	0.5558	0.5649
April	0.5625	0.5370	0.5492
May	0.5556	0.5043	0.5271
June	0.5251	0.4974	0.5119
July	0.5299	0.5030	0.5203
August	0.5301	0.5054	0.5191
September	0.5253	0.5068	0.5180
October	0.5152	0.4863	0.4961
November	0.4957	0.4810	0.4881
December	0.5077	0.4854	0.4977