2011 VEF to HUF Historical Review

YEARLY HIGH

56.6496 HUF

YEARLY LOW

41.4500 HUF

YEARLY AVERAGE

46.8020 HUF

2011 VEF to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 56.6496. Conversely, the yearly low was recorded on May 1, dropping to 41.4500.

This high-to-low spread represents a total annual volatility of 15.1996 HUF. From a start-to-finish perspective, comparing the January average rate of 47.9243 to the December average rate of 53.8721, the exchange rate registered a net change of 12.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 56.6496 was down 35.58% compared to the 2010 peak of 87.9442, 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 283,248 HUF

2010 Average 248,158 HUF

Yearly Trough Low 207,250 HUF

Transaction Impact: A difference of 75,997.77 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

54.9896

41.5787

JanuMarcMayJulySeptNove

VEF to HUF 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 44.7360, compared to 48.8680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1320 points.

H1 Avg (Jan–Jun) 44.7360

H2 Avg (Jul–Dec) 48.8680

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 6.1196 HUF (High: 50.6787 / Low: 44.5590). On the other end, February was the most stable month, with a tight range of 1.7167 HUF (High: 47.1176 / Low: 45.4009).

September Spread (Volatile) ±6.1196

February Spread (Stable) ±1.7167

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 2.3333 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -2.3333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 53.8721) against the same month in 2010 (average: 48.8227), the exchange rate shifted by +5.0494 (+10.34%).

2011 Avg (December) 53.8721

2010 Avg (December) 48.8227

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.5263	46.1196	47.9243
February	47.1176	45.4009	46.2303
March	46.0410	43.5845	45.0296
April	43.7304	41.4500	42.6963
May	44.8722	41.4500	43.3528
June	44.3869	42.1451	43.1829
July	45.1933	42.3460	43.5804
August	45.3676	43.3784	44.2353
September	50.6787	44.5590	48.0968
October	52.8832	49.1406	50.3429
November	55.3701	51.1806	53.0807
December	56.6496	52.0133	53.8721