2011 VEF to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 VEF to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the VEF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 520.1829. Conversely, the yearly low was recorded on June 6, dropping to 447.5329.
This high-to-low spread represents a total annual volatility of 72.6500 MGA. From a start-to-finish perspective, comparing the January average rate of 486.8816 to the December average rate of 498.3164, the exchange rate registered a net change of 2.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 520.1829 was down 43.93% compared to the 2010 peak of 927.6739, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
VEF to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 465.0800, compared to 475.7925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.7125 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was December, with a trading range of 36.3942 MGA (High: 520.1829 / Low: 483.7887). On the other end, March was the most stable month, with a tight range of 7.5624 MGA (High: 469.1884 / Low: 461.6260).
Growth Streaks & Declines
TrendsBetween 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 January and February, when the average rate fell by 16.6326 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 498.3164) against the same month in 2010 (average: 490.5318), the exchange rate shifted by +7.7847 (+1.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 499.4356 | 475.5822 | 486.8816 |
| February | 476.2542 | 465.1163 | 470.2490 |
| March | 469.1884 | 461.6260 | 466.6173 |
| April | 467.3277 | 452.3258 | 458.5026 |
| May | 461.9599 | 452.3258 | 456.4922 |
| June | 455.2184 | 447.5329 | 451.7372 |
| July | 460.8981 | 447.6735 | 455.5915 |
| August | 460.4041 | 452.5120 | 456.0652 |
| September | 482.7736 | 451.9540 | 467.1158 |
| October | 493.6984 | 466.1222 | 486.8224 |
| November | 495.0440 | 486.8140 | 490.8439 |
| December | 520.1829 | 483.7887 | 498.3164 |