2011 VEF to MRO Historical Review

YEARLY HIGH

67.8591 MRO

YEARLY LOW

62.2291 MRO

YEARLY AVERAGE

65.1102 MRO

2011 VEF to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 67.8591. Conversely, the yearly low was recorded on May 15, dropping to 62.2291.

This high-to-low spread represents a total annual volatility of 5.6299 MRO. From a start-to-finish perspective, comparing the January average rate of 65.2283 to the December average rate of 66.6639, the exchange rate registered a net change of 2.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 67.8591 was down 44.41% compared to the 2010 peak of 122.0761, 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 339,295 MRO

2010 Average 327,112 MRO

Yearly Trough Low 311,146 MRO

Transaction Impact: A difference of 28,149.71 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

67.2469

62.8220

JanuMarcMayJulySeptNove

VEF to MRO 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 64.5471, compared to 65.6734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1263 points.

H1 Avg (Jan–Jun) 64.5471

H2 Avg (Jul–Dec) 65.6734

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 3.0789 MRO (High: 67.0506 / Low: 63.9718). On the other end, December was the most stable month, with a tight range of 0.7659 MRO (High: 67.0358 / Low: 66.2699).

February Spread (Volatile) ±3.0789

December Spread (Stable) ±0.7659

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.6784 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.6784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 66.8781) against the same month in 2010 (average: 65.9155), the exchange rate shifted by +0.9626 (+1.46%).

2011 Avg (October) 66.8781

2010 Avg (October) 65.9155

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	66.0210	64.2039	65.2283
February	67.0506	63.9718	65.6231
March	66.8288	64.2567	65.6936
April	65.9039	63.1639	64.0153
May	63.7877	62.2291	63.1908
June	64.2426	62.7964	63.5314
July	64.7293	63.4223	64.1007
August	65.6756	63.7798	64.6976
September	65.9251	64.8543	65.4023
October	67.8591	65.7339	66.8781
November	67.0264	65.2880	66.2975
December	67.0358	66.2699	66.6639