2011 TJS to VEF Historical Review

YEARLY HIGH

0.9773 VEF

YEARLY LOW

0.9006 VEF

YEARLY AVERAGE

0.9332 VEF

2011 TJS to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TJS to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.9773. Conversely, the yearly low was recorded on September 14, dropping to 0.9006.

This high-to-low spread represents a total annual volatility of 0.0767 VEF. From a start-to-finish perspective, comparing the January average rate of 0.9760 to the December average rate of 0.9026, the exchange rate registered a net change of -7.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9773 was down 2.15% compared to the 2010 peak of 0.9988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,887 VEF

2010 Average 4,812 VEF

Yearly Trough Low 4,503 VEF

Transaction Impact: A difference of 383.69 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9834

0.8950

JanuMarcMayJulySeptNove

TJS 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 0.9604, compared to 0.9060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0544 points.

H1 Avg (Jan–Jun) 0.9604

H2 Avg (Jul–Dec) 0.9060

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0245 VEF (High: 0.9441 / Low: 0.9197). On the other end, January was the most stable month, with a tight range of 0.0016 VEF (High: 0.9769 / Low: 0.9753).

June Spread (Volatile) ±0.0245

January Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0201 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 0.9759) against the same month in 2010 (average: 0.9784), the exchange rate shifted by -0.0025 (-0.26%).

2011 Avg (February) 0.9759

2010 Avg (February) 0.9784

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9769	0.9753	0.9760
February	0.9773	0.9752	0.9759
March	0.9767	0.9619	0.9685
April	0.9628	0.9533	0.9607
May	0.9545	0.9393	0.9507
June	0.9441	0.9197	0.9306
July	0.9279	0.9096	0.9161
August	0.9115	0.9035	0.9075
September	0.9047	0.9006	0.9024
October	0.9052	0.9034	0.9042
November	0.9044	0.9021	0.9032
December	0.9038	0.9021	0.9026