2011 TRY to VEF Historical Review

YEARLY HIGH

2.8554 VEF

YEARLY LOW

2.2430 VEF

YEARLY AVERAGE

2.5714 VEF

2011 TRY to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TRY to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 2.8554. Conversely, the yearly low was recorded on December 29, dropping to 2.2430.

This high-to-low spread represents a total annual volatility of 0.6124 VEF. From a start-to-finish perspective, comparing the January average rate of 2.7427 to the December average rate of 2.2977, the exchange rate registered a net change of -16.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.8554 was down 7.37% compared to the 2010 peak of 3.0827, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 142,772 VEF

2010 Average 140,642 VEF

Yearly Trough Low 112,150 VEF

Transaction Impact: A difference of 30,622.05 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.8783

2.2449

JanuMarcMayJulySeptNove

TRY 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 2.7338, compared to 2.4091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3247 points.

H1 Avg (Jan–Jun) 2.7338

H2 Avg (Jul–Dec) 2.4091

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.2048 VEF (High: 2.4650 / Low: 2.2602). On the other end, February was the most stable month, with a tight range of 0.0533 VEF (High: 2.7260 / Low: 2.6727).

October Spread (Volatile) ±0.2048

February Spread (Stable) ±0.0533

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.1482 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1482

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 2.8255) against the same month in 2010 (average: 2.8773), the exchange rate shifted by -0.0518 (-1.80%).

2011 Avg (April) 2.8255

2010 Avg (April) 2.8773

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7951	2.6776	2.7427
February	2.7260	2.6727	2.7027
March	2.7807	2.6532	2.7207
April	2.8554	2.7933	2.8255
May	2.8299	2.6733	2.7281
June	2.7254	2.6110	2.6831
July	2.6716	2.4992	2.5951
August	2.5593	2.3991	2.4469
September	2.4941	2.3120	2.3938
October	2.4650	2.2602	2.3504
November	2.4428	2.2775	2.3706
December	2.3581	2.2430	2.2977