2011 VEF to MNT Historical Review

YEARLY HIGH

322.4601 MNT

YEARLY LOW

277.0677 MNT

YEARLY AVERAGE

292.6461 MNT

2011 VEF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 322.4601. Conversely, the yearly low was recorded on March 30, dropping to 277.0677.

This high-to-low spread represents a total annual volatility of 45.3924 MNT. From a start-to-finish perspective, comparing the January average rate of 289.6972 to the December average rate of 317.6164, the exchange rate registered a net change of 9.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 322.4601 was down 52.97% compared to the 2010 peak of 685.6634, 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 1,612,301 MNT

2010 Average 1,620,453 MNT

Yearly Trough Low 1,385,338 MNT

Transaction Impact: A difference of 226,962.23 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

321.0964

279.3358

JanuMarcMayJulySeptNove

VEF to MNT 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 287.6112, compared to 297.6809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.0698 points.

H1 Avg (Jan–Jun) 287.6112

H2 Avg (Jul–Dec) 297.6809

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 15.5643 MNT (High: 292.8042 / Low: 277.2399). On the other end, February was the most stable month, with a tight range of 3.0625 MNT (High: 291.9917 / Low: 288.9292).

April Spread (Volatile) ±15.5643

February Spread (Stable) ±3.0625

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 February and March, when the average rate fell by 5.4674 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -5.4674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 317.6164) against the same month in 2010 (average: 284.8570), the exchange rate shifted by +32.7594 (+11.50%).

2011 Avg (December) 317.6164

2010 Avg (December) 284.8570

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	296.2905	286.1352	289.6972
February	291.9917	288.9292	290.4513
March	290.5307	277.0677	284.9838
April	292.8042	277.2399	282.8159
May	295.1593	281.1591	286.1723
June	294.2175	286.9645	291.5466
July	291.3929	286.8479	289.3446
August	291.4532	283.1050	286.1839
September	294.4942	289.6465	291.7482
October	302.1536	293.3636	297.9436
November	312.0573	300.2934	303.2490
December	322.4601	311.1002	317.6164