2012 VEF to BIF Historical Review

YEARLY HIGH

359.4213 BIF

YEARLY LOW

298.2257 BIF

YEARLY AVERAGE

326.8281 BIF

2012 VEF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the VEF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 359.4213. Conversely, the yearly low was recorded on April 8, dropping to 298.2257.

This high-to-low spread represents a total annual volatility of 61.1955 BIF. From a start-to-finish perspective, comparing the January average rate of 302.3838 to the December average rate of 355.0789, the exchange rate registered a net change of 17.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 359.4213 was up 16.88% compared to the 2011 peak of 307.5164, 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 1,797,106 BIF

2011 Average 1,407,951 BIF

Yearly Trough Low 1,491,129 BIF

Transaction Impact: A difference of 305,977.60 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

360.3593

296.9947

JanuMarcMayJulySeptNove

VEF to BIF 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 310.8596, compared to 342.7966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 31.9370 points.

H1 Avg (Jan–Jun) 310.8596

H2 Avg (Jul–Dec) 342.7966

Volatility Range Comparison

Volatility

The most volatile month in 2012 was April, with a trading range of 23.6933 BIF (High: 321.9190 / Low: 298.2257). On the other end, August was the most stable month, with a tight range of 5.1597 BIF (High: 338.3166 / Low: 333.1569).

April Spread (Volatile) ±23.6933

August Spread (Stable) ±5.1597

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5774 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.5774

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 355.0789) against the same month in 2011 (average: 299.9928), the exchange rate shifted by +55.0861 (+18.36%).

2012 Avg (December) 355.0789

2011 Avg (December) 299.9928

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	308.1955	299.1189	302.3838
February	304.5777	299.3233	302.8525
March	304.3808	298.6248	302.2751
April	321.9190	298.2257	306.3369
May	329.1737	317.2049	324.0866
June	330.9041	324.8162	327.2227
July	338.2044	326.7437	332.5068
August	338.3166	333.1569	336.2115
September	345.3604	333.0968	339.0912
October	347.4753	341.8291	345.5435
November	354.4336	342.4822	348.3477
December	359.4213	347.7854	355.0789