2011 VEF to KES Historical Review

YEARLY HIGH

24.7432 KES

YEARLY LOW

18.7561 KES

YEARLY AVERAGE

20.6485 KES

2011 VEF to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 24.7432. Conversely, the yearly low was recorded on January 2, dropping to 18.7561.

This high-to-low spread represents a total annual volatility of 5.9871 KES. From a start-to-finish perspective, comparing the January average rate of 18.8436 to the December average rate of 20.1249, the exchange rate registered a net change of 6.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 24.7432 was down 29.86% compared to the 2010 peak of 35.2747, 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 123,716 KES

2010 Average 94,598 KES

Yearly Trough Low 93,780 KES

Transaction Impact: A difference of 29,935.45 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

23.9694

18.3776

JanuMarcMayJulySeptNove

VEF to KES 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 19.5847, compared to 21.7124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1276 points.

H1 Avg (Jan–Jun) 19.5847

H2 Avg (Jul–Dec) 21.7124

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 2.1377 KES (High: 23.9456 / Low: 21.8079). On the other end, January was the most stable month, with a tight range of 0.1666 KES (High: 18.9226 / Low: 18.7561).

September Spread (Volatile) ±2.1377

January Spread (Stable) ±0.1666

Growth Streaks & Declines

Trends

Between April and October, 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 October and November, when the average rate fell by 1.8140 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.8140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 23.5034) against the same month in 2010 (average: 18.7737), the exchange rate shifted by +4.7297 (+25.19%).

2011 Avg (October) 23.5034

2010 Avg (October) 18.7737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.9226	18.7561	18.8436
February	19.1817	18.8472	18.9732
March	20.0264	19.2654	19.6212
April	19.6129	19.3660	19.5102
May	20.2134	19.3894	19.8524
June	21.3072	19.9977	20.7078
July	21.2235	20.6016	20.9261
August	22.1073	21.2207	21.6202
September	23.9456	21.8079	22.4102
October	24.7432	23.0974	23.5034
November	22.8946	20.7696	21.6894
December	20.9255	19.4220	20.1249