2012 VEF to AFN Historical Review

YEARLY HIGH

12.3971 AFN

YEARLY LOW

10.6156 AFN

YEARLY AVERAGE

11.4239 AFN

2012 VEF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the VEF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 12.3971. Conversely, the yearly low was recorded on January 8, dropping to 10.6156.

This high-to-low spread represents a total annual volatility of 1.7815 AFN. From a start-to-finish perspective, comparing the January average rate of 10.7417 to the December average rate of 11.9908, the exchange rate registered a net change of 11.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 12.3971 was up 10.09% compared to the 2011 peak of 11.2610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,985 AFN

2011 Average 51,522 AFN

Yearly Trough Low 53,078 AFN

Transaction Impact: A difference of 8,907.30 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

12.3103

10.5991

JanuMarcMayJulySeptNove

VEF to AFN 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 11.1599, compared to 11.6879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5281 points.

H1 Avg (Jan–Jun) 11.1599

H2 Avg (Jul–Dec) 11.6879

Volatility Range Comparison

Volatility

The most volatile month in 2012 was February, with a trading range of 0.7249 AFN (High: 11.4810 / Low: 10.7561). On the other end, April was the most stable month, with a tight range of 0.0452 AFN (High: 11.2694 / Low: 11.2242).

February Spread (Volatile) ±0.7249

April Spread (Stable) ±0.0452

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1769 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1769

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 12.1677) against the same month in 2011 (average: 11.2065), the exchange rate shifted by +0.9613 (+8.58%).

2012 Avg (November) 12.1677

2011 Avg (November) 11.2065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.7879	10.6156	10.7417
February	11.4810	10.7561	11.2159
March	11.5032	11.2298	11.2621
April	11.2694	11.2242	11.2451
May	11.2824	11.2229	11.2512
June	11.2600	11.1969	11.2430
July	11.3002	11.2116	11.2518
August	11.3171	11.2288	11.2657
September	11.8363	11.2107	11.4715
October	12.0612	11.8325	11.9799
November	12.3971	12.0269	12.1677
December	12.1268	11.8581	11.9908