2011 VEF to BND Historical Review

YEARLY HIGH

0.3058 BND

YEARLY LOW

0.2789 BND

YEARLY AVERAGE

0.2926 BND

2011 VEF to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.3058. Conversely, the yearly low was recorded on August 15, dropping to 0.2789.

This high-to-low spread represents a total annual volatility of 0.0269 BND. From a start-to-finish perspective, comparing the January average rate of 0.2997 to the December average rate of 0.3016, the exchange rate registered a net change of 0.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3058 was down 53.07% compared to the 2010 peak of 0.6515, 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 1,529 BND

2010 Average 1,632 BND

Yearly Trough Low 1,394 BND

Transaction Impact: A difference of 134.47 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3036

0.2796

JanuMarcMayJulySeptNove

VEF to BND 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 0.2930, compared to 0.2922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.2930

H2 Avg (Jul–Dec) 0.2922

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0185 BND (High: 0.2985 / Low: 0.2800). On the other end, February was the most stable month, with a tight range of 0.0029 BND (High: 0.2989 / Low: 0.2960).

September Spread (Volatile) ±0.0185

February Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0050 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.3004) against the same month in 2010 (average: 0.3019), the exchange rate shifted by -0.0015 (-0.51%).

2011 Avg (November) 0.3004

2010 Avg (November) 0.3019

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3023	0.2983	0.2997
February	0.2989	0.2960	0.2971
March	0.2982	0.2933	0.2953
April	0.2941	0.2848	0.2903
May	0.2913	0.2847	0.2881
June	0.2893	0.2859	0.2874
July	0.2868	0.2798	0.2832
August	0.2839	0.2789	0.2816
September	0.2985	0.2800	0.2894
October	0.3050	0.2899	0.2970
November	0.3058	0.2940	0.3004
December	0.3047	0.2980	0.3016