2012 VEF to IRR Historical Review

YEARLY HIGH

2878.9312 IRR

YEARLY LOW

2564.0874 IRR

YEARLY AVERAGE

2810.9530 IRR

2012 VEF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the VEF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 2878.9312. Conversely, the yearly low was recorded on January 2, dropping to 2564.0874.

This high-to-low spread represents a total annual volatility of 314.8439 IRR. From a start-to-finish perspective, comparing the January average rate of 2619.4134 to the December average rate of 2863.5262, the exchange rate registered a net change of 9.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2878.9312 was up 6.33% compared to the 2011 peak of 2707.5103, 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 14,394,656 IRR

2011 Average 12,247,290 IRR

Yearly Trough Low 12,820,437 IRR

Transaction Impact: A difference of 1,574,219.27 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2888.5211

2594.9491

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 2760.7139, compared to 2861.1921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 100.4782 points.

H1 Avg (Jan–Jun) 2760.7139

H2 Avg (Jul–Dec) 2861.1921

Volatility Range Comparison

Volatility

The most volatile month in 2012 was February, with a trading range of 125.8929 IRR (High: 2753.1191 / Low: 2627.2262). On the other end, March was the most stable month, with a tight range of 6.0763 IRR (High: 2753.3318 / Low: 2747.2555).

February Spread (Volatile) ±125.8929

March Spread (Stable) ±6.0763

Growth Streaks & Declines

Trends

Between January and July, 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 August and September, when the average rate fell by 3.9042 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -3.9042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 2864.0568) against the same month in 2011 (average: 2328.5159), the exchange rate shifted by +535.5409 (+23.00%).

2012 Avg (November) 2864.0568

2011 Avg (November) 2328.5159

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2636.1181	2564.0874	2619.4134
February	2753.1191	2627.2262	2712.3295
March	2753.3318	2747.2555	2750.2575
April	2859.6167	2746.4871	2767.5090
May	2862.1621	2852.0309	2857.0650
June	2865.3132	2850.7406	2857.7091
July	2873.3230	2847.9370	2861.1489
August	2872.7694	2841.5263	2859.5372
September	2868.1972	2837.7296	2855.6330
October	2874.3251	2849.7720	2863.2505
November	2878.9312	2844.2800	2864.0568
December	2871.7753	2851.8871	2863.5262