2011 VEF to EGP Historical Review

YEARLY HIGH

1.4064 EGP

YEARLY LOW

1.3480 EGP

YEARLY AVERAGE

1.3836 EGP

2011 VEF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.4064. Conversely, the yearly low was recorded on January 16, dropping to 1.3480.

This high-to-low spread represents a total annual volatility of 0.0584 EGP. From a start-to-finish perspective, comparing the January average rate of 1.3530 to the December average rate of 1.4016, the exchange rate registered a net change of 3.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.4064 was down 44.96% compared to the 2010 peak of 2.5553, 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 7,032 EGP

2010 Average 6,734 EGP

Yearly Trough Low 6,740 EGP

Transaction Impact: A difference of 292.10 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.4064

1.3481

JanuMarcMayJulySeptNove

VEF to EGP 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 1.3762, compared to 1.3910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 1.3762

H2 Avg (Jul–Dec) 1.3910

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.0234 EGP (High: 1.3866 / Low: 1.3632). On the other end, October was the most stable month, with a tight range of 0.0052 EGP (High: 1.3916 / Low: 1.3864).

February Spread (Volatile) ±0.0234

October Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0012 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.4016) against the same month in 2010 (average: 1.3492), the exchange rate shifted by +0.0524 (+3.88%).

2011 Avg (December) 1.4016

2010 Avg (December) 1.3492

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3639	1.3480	1.3530
February	1.3866	1.3632	1.3684
March	1.3886	1.3714	1.3795
April	1.3913	1.3798	1.3863
May	1.3928	1.3793	1.3852
June	1.3902	1.3802	1.3851
July	1.3898	1.3831	1.3866
August	1.3935	1.3784	1.3869
September	1.3963	1.3847	1.3885
October	1.3916	1.3864	1.3893
November	1.3992	1.3879	1.3931
December	1.4064	1.3967	1.4016