2011 VEF to HTG Historical Review

YEARLY HIGH

9.5172 HTG

YEARLY LOW

9.3006 HTG

YEARLY AVERAGE

9.4508 HTG

2011 VEF to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 9.5172. Conversely, the yearly low was recorded on January 2, dropping to 9.3006.

This high-to-low spread represents a total annual volatility of 0.2166 HTG. From a start-to-finish perspective, comparing the January average rate of 9.3701 to the December average rate of 9.4189, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 9.5172 was down 49.23% compared to the 2010 peak of 18.7465, 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 47,586 HTG

2010 Average 48,025 HTG

Yearly Trough Low 46,503 HTG

Transaction Impact: A difference of 1,082.95 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

9.4984

9.3585

JanuMarcMayJulySeptNove

VEF to HTG 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 9.4542, compared to 9.4474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 9.4542

H2 Avg (Jul–Dec) 9.4474

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.2020 HTG (High: 9.5026 / Low: 9.3006). On the other end, October was the most stable month, with a tight range of 0.0740 HTG (High: 9.5141 / Low: 9.4400).

January Spread (Volatile) ±0.2020

October Spread (Stable) ±0.0740

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0350 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 9.4643) against the same month in 2010 (average: 9.3415), the exchange rate shifted by +0.1228 (+1.31%).

2011 Avg (June) 9.4643

2010 Avg (June) 9.3415

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.5026	9.3006	9.3701
February	9.5140	9.4391	9.4867
March	9.5152	9.3951	9.4684
April	9.5156	9.3883	9.4599
May	9.5133	9.3930	9.4756
June	9.5172	9.3848	9.4643
July	9.5126	9.3833	9.4407
August	9.5127	9.3403	9.4497
September	9.5140	9.3843	9.4509
October	9.5141	9.4400	9.4796
November	9.5128	9.3751	9.4446
December	9.4621	9.3860	9.4189