2011 VEF to LTL Historical Review

YEARLY HIGH

0.6233 LTL

YEARLY LOW

0.5402 LTL

YEARLY AVERAGE

0.5780 LTL

2011 VEF to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.6233. Conversely, the yearly low was recorded on May 4, dropping to 0.5402.

This high-to-low spread represents a total annual volatility of 0.0831 LTL. From a start-to-finish perspective, comparing the January average rate of 0.6014 to the December average rate of 0.6103, the exchange rate registered a net change of 1.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6233 was down 44.67% compared to the 2010 peak of 1.1266, 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 3,116 LTL

2010 Average 3,112 LTL

Yearly Trough Low 2,701 LTL

Transaction Impact: A difference of 415.29 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6157

0.5508

JanuMarcMayJulySeptNove

VEF to LTL 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 0.5733, compared to 0.5828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.5733

H2 Avg (Jul–Dec) 0.5828

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0429 LTL (High: 0.6100 / Low: 0.5671). On the other end, August was the most stable month, with a tight range of 0.0135 LTL (High: 0.5685 / Low: 0.5550).

October Spread (Volatile) ±0.0429

August Spread (Stable) ±0.0135

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0181 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.6103) against the same month in 2010 (average: 0.6080), the exchange rate shifted by +0.0023 (+0.37%).

2011 Avg (December) 0.6103

2010 Avg (December) 0.6080

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6231	0.5857	0.6014
February	0.5982	0.5812	0.5890
March	0.5837	0.5657	0.5743
April	0.5685	0.5404	0.5562
May	0.5734	0.5402	0.5599
June	0.5707	0.5487	0.5589
July	0.5753	0.5538	0.5629
August	0.5685	0.5550	0.5608
September	0.5986	0.5628	0.5833
October	0.6100	0.5671	0.5861
November	0.6077	0.5822	0.5933
December	0.6233	0.5962	0.6103