2011 VEF to IRR Historical Review

YEARLY HIGH

2707.5103 IRR

YEARLY LOW

2116.1369 IRR

YEARLY AVERAGE

2449.1014 IRR

2011 VEF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 2707.5103. Conversely, the yearly low was recorded on November 19, dropping to 2116.1369.

This high-to-low spread represents a total annual volatility of 591.3734 IRR. From a start-to-finish perspective, comparing the January average rate of 2414.5030 to the December average rate of 2517.4731, the exchange rate registered a net change of 4.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2707.5103 was down 41.28% compared to the 2010 peak of 4611.2201, 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 13,537,552 IRR

2010 Average 12,032,313 IRR

Yearly Trough Low 10,580,685 IRR

Transaction Impact: A difference of 2,956,866.94 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2561.7910

2307.3091

JanuMarcMayJulySeptNove

VEF to IRR 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 2442.3215, compared to 2455.8813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.5598 points.

H1 Avg (Jan–Jun) 2442.3215

H2 Avg (Jul–Dec) 2455.8813

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 468.3923 IRR (High: 2595.4988 / Low: 2127.1065). On the other end, February was the most stable month, with a tight range of 14.9426 IRR (High: 2416.1191 / Low: 2401.1765).

December Spread (Volatile) ±468.3923

February Spread (Stable) ±14.9426

Growth Streaks & Declines

Trends

Between March and June, 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 147.8046 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -147.8046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 2540.5842) against the same month in 2010 (average: 2329.4471), the exchange rate shifted by +211.1371 (+9.06%).

2011 Avg (June) 2540.5842

2010 Avg (June) 2329.4471

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2422.8029	2407.4603	2414.5030
February	2416.1191	2401.1765	2409.9419
March	2424.9415	2393.6160	2405.3291
April	2445.1288	2420.5987	2429.9542
May	2470.4027	2433.9355	2453.6164
June	2707.5103	2463.0867	2540.5842
July	2484.5886	2452.5443	2465.9968
August	2473.1492	2449.4947	2462.3479
September	2503.3499	2461.9598	2484.6337
October	2498.0188	2448.8039	2476.3205
November	2530.3576	2116.1369	2328.5159
December	2595.4988	2127.1065	2517.4731