2011 VEF to MVR Historical Review

YEARLY HIGH

3.2913 MVR

YEARLY LOW

2.9762 MVR

YEARLY AVERAGE

3.1704 MVR

2011 VEF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 3.2913. Conversely, the yearly low was recorded on March 27, dropping to 2.9762.

This high-to-low spread represents a total annual volatility of 0.3151 MVR. From a start-to-finish perspective, comparing the January average rate of 2.9790 to the December average rate of 3.2794, the exchange rate registered a net change of 10.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 3.2913 was down 44.80% compared to the 2010 peak of 5.9621, 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 16,457 MVR

2010 Average 15,304 MVR

Yearly Trough Low 14,881 MVR

Transaction Impact: A difference of 1,575.71 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

3.3145

2.9485

JanuMarcMayJulySeptNove

VEF to MVR 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 3.0610, compared to 3.2797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2188 points.

H1 Avg (Jan–Jun) 3.0610

H2 Avg (Jul–Dec) 3.2797

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.3117 MVR (High: 3.2890 / Low: 2.9773). On the other end, January was the most stable month, with a tight range of 0.0049 MVR (High: 2.9810 / Low: 2.9762).

May Spread (Volatile) ±0.3117

January Spread (Stable) ±0.0049

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 0.0057 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 3.2840) against the same month in 2010 (average: 2.9792), the exchange rate shifted by +0.3048 (+10.23%).

2011 Avg (October) 3.2840

2010 Avg (October) 2.9792

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9810	2.9762	2.9790
February	2.9822	2.9762	2.9795
March	2.9816	2.9762	2.9798
April	2.9816	2.9767	2.9796
May	3.2890	2.9773	3.1747
June	3.2861	3.2657	3.2733
July	3.2861	3.2698	3.2774
August	3.2808	3.2698	3.2776
September	3.2901	3.2732	3.2816
October	3.2913	3.2750	3.2840
November	3.2861	3.2546	3.2784
December	3.2858	3.2705	3.2794