2011 VEF to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 VEF to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the VEF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 4.0278. Conversely, the yearly low was recorded on January 2, dropping to 2.9560.
This high-to-low spread represents a total annual volatility of 1.0718 ETB. From a start-to-finish perspective, comparing the January average rate of 2.9620 to the December average rate of 4.0162, the exchange rate registered a net change of 35.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 4.0278 was down 19.88% compared to the 2010 peak of 5.0273, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
VEF to ETB Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.4244, compared to 3.9837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5592 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was April, with a trading range of 0.9596 ETB (High: 3.9364 / Low: 2.9768). On the other end, February was the most stable month, with a tight range of 0.0084 ETB (High: 2.9740 / Low: 2.9655).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 4.0162) against the same month in 2010 (average: 2.9556), the exchange rate shifted by +1.0606 (+35.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.9671 | 2.9560 | 2.9620 |
| February | 2.9740 | 2.9655 | 2.9687 |
| March | 2.9803 | 2.9708 | 2.9760 |
| April | 3.9364 | 2.9768 | 3.7867 |
| May | 3.9405 | 3.9106 | 3.9183 |
| June | 3.9469 | 3.9164 | 3.9349 |
| July | 3.9666 | 3.9416 | 3.9542 |
| August | 3.9966 | 3.9438 | 3.9691 |
| September | 3.9849 | 3.9698 | 3.9794 |
| October | 3.9900 | 3.9791 | 3.9848 |
| November | 4.0172 | 3.9838 | 3.9984 |
| December | 4.0278 | 4.0038 | 4.0162 |