2012 VEF to ETB Historical Review

YEARLY HIGH

4.2621 ETB

YEARLY LOW

4.0216 ETB

YEARLY AVERAGE

4.1379 ETB

2012 VEF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the VEF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 4.2621. Conversely, the yearly low was recorded on January 1, dropping to 4.0216.

This high-to-low spread represents a total annual volatility of 0.2405 ETB. From a start-to-finish perspective, comparing the January average rate of 4.0300 to the December average rate of 4.2472, the exchange rate registered a net change of 5.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 4.2621 was up 5.82% compared to the 2011 peak of 4.0278, 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 21,311 ETB

2011 Average 18,538 ETB

Yearly Trough Low 20,108 ETB

Transaction Impact: A difference of 1,202.62 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

4.2690

4.0083

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 4.0699, compared to 4.2059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1360 points.

H1 Avg (Jan–Jun) 4.0699

H2 Avg (Jul–Dec) 4.2059

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0583 ETB (High: 4.1866 / Low: 4.1283). On the other end, January was the most stable month, with a tight range of 0.0188 ETB (High: 4.0405 / Low: 4.0216).

July Spread (Volatile) ±0.0583

January Spread (Stable) ±0.0188

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 4.2472) against the same month in 2011 (average: 4.0162), the exchange rate shifted by +0.2311 (+5.75%).

2012 Avg (December) 4.2472

2011 Avg (December) 4.0162

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.0405	4.0216	4.0300
February	4.0607	4.0325	4.0429
March	4.0938	4.0445	4.0609
April	4.0802	4.0564	4.0675
May	4.1102	4.0807	4.0953
June	4.1412	4.1068	4.1227
July	4.1866	4.1283	4.1645
August	4.2003	4.1539	4.1836
September	4.2174	4.1667	4.1959
October	4.2305	4.1944	4.2142
November	4.2412	4.2156	4.2299
December	4.2621	4.2304	4.2472