2012 VEF to BTN Historical Review

YEARLY HIGH

13.3127 BTN

YEARLY LOW

11.3277 BTN

YEARLY AVERAGE

12.2684 BTN

2012 VEF to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the VEF to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 27, valuing the pair at 13.3127. Conversely, the yearly low was recorded on February 5, dropping to 11.3277.

This high-to-low spread represents a total annual volatility of 1.9850 BTN. From a start-to-finish perspective, comparing the January average rate of 11.9241 to the December average rate of 12.7325, the exchange rate registered a net change of 6.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 13.3127 was up 6.55% compared to the 2011 peak of 12.4944, 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 66,563 BTN

2011 Average 54,292 BTN

Yearly Trough Low 56,638 BTN

Transaction Impact: A difference of 9,924.83 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

13.1908

11.3139

JanuMarcMayJulySeptNove

VEF to BTN 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 12.1418, compared to 12.3950 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2532 points.

H1 Avg (Jan–Jun) 12.1418

H2 Avg (Jul–Dec) 12.3950

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 1.0615 BTN (High: 12.9906 / Low: 11.9291). On the other end, August was the most stable month, with a tight range of 0.0876 BTN (High: 12.0251 / Low: 11.9375).

July Spread (Volatile) ±1.0615

August Spread (Stable) ±0.0876

Growth Streaks & Declines

Trends

Between February and June, 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 June and July, when the average rate fell by 0.5826 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5826

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2012: 13.0344) against the same month in 2011 (average: 10.4371), the exchange rate shifted by +2.5972 (+24.88%).

2012 Avg (June) 13.0344

2011 Avg (June) 10.4371

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3983	11.4785	11.9241
February	11.6727	11.3277	11.4703
March	11.9492	11.5230	11.7242
April	12.2767	11.8006	12.0365
May	13.0875	12.2759	12.6615
June	13.3127	12.8154	13.0344
July	12.9906	11.9291	12.4518
August	12.0251	11.9375	11.9827
September	12.6507	11.6481	12.0921
October	12.5796	11.5545	12.3415
November	12.9653	12.5148	12.7694
December	12.8288	12.6383	12.7325