2012 VEF to HNL Historical Review

YEARLY HIGH

4.6412 HNL

YEARLY LOW

4.4166 HNL

YEARLY AVERAGE

4.4986 HNL

2012 VEF to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the VEF to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 4.6412. Conversely, the yearly low was recorded on January 1, dropping to 4.4166.

This high-to-low spread represents a total annual volatility of 0.2246 HNL. From a start-to-finish perspective, comparing the January average rate of 4.4345 to the December average rate of 4.6218, the exchange rate registered a net change of 4.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 4.6412 was up 4.85% compared to the 2011 peak of 4.4263, 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 23,206 HNL

2011 Average 22,009 HNL

Yearly Trough Low 22,083 HNL

Transaction Impact: A difference of 1,122.94 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

4.6405

4.4158

JanuMarcMayJulySeptNove

VEF to HNL 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 4.4376, compared to 4.5595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1218 points.

H1 Avg (Jan–Jun) 4.4376

H2 Avg (Jul–Dec) 4.5595

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 0.1332 HNL (High: 4.5686 / Low: 4.4354). On the other end, February was the most stable month, with a tight range of 0.0075 HNL (High: 4.4422 / Low: 4.4348).

August Spread (Volatile) ±0.1332

February Spread (Stable) ±0.0075

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 March and April, when the average rate fell by 0.0019 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 4.6218) against the same month in 2011 (average: 4.4134), the exchange rate shifted by +0.2083 (+4.72%).

2012 Avg (December) 4.6218

2011 Avg (December) 4.4134

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.4424	4.4166	4.4345
February	4.4422	4.4348	4.4386
March	4.4433	4.4355	4.4394
April	4.4417	4.4327	4.4375
May	4.4437	4.4342	4.4386
June	4.4419	4.4211	4.4373
July	4.5142	4.4240	4.4418
August	4.5686	4.4354	4.5331
September	4.5906	4.5377	4.5668
October	4.5988	4.5638	4.5866
November	4.6145	4.5943	4.6070
December	4.6412	4.6080	4.6218