2011 VEF to MXN Historical Review

YEARLY HIGH

3.3205 MXN

YEARLY LOW

2.6762 MXN

YEARLY AVERAGE

2.8943 MXN

2011 VEF to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 3.3205. Conversely, the yearly low was recorded on May 1, dropping to 2.6762.

This high-to-low spread represents a total annual volatility of 0.6443 MXN. From a start-to-finish perspective, comparing the January average rate of 2.8257 to the December average rate of 3.2037, the exchange rate registered a net change of 13.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 3.3205 was down 45.54% compared to the 2010 peak of 6.0971, 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 16,603 MXN

2010 Average 15,111 MXN

Yearly Trough Low 13,381 MXN

Transaction Impact: A difference of 3,221.63 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

3.2530

2.6615

JanuMarcMayJulySeptNove

VEF to MXN 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 2.7685, compared to 3.0200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2516 points.

H1 Avg (Jan–Jun) 2.7685

H2 Avg (Jul–Dec) 3.0200

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.3758 MXN (High: 3.2416 / Low: 2.8658). On the other end, March was the most stable month, with a tight range of 0.0470 MXN (High: 2.8207 / Low: 2.7737).

September Spread (Volatile) ±0.3758

March Spread (Stable) ±0.0470

Growth Streaks & Declines

Trends

Between July and December, 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 0.0689 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0689

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 3.1907) against the same month in 2010 (average: 2.8700), the exchange rate shifted by +0.3207 (+11.17%).

2011 Avg (November) 3.1907

2010 Avg (November) 2.8700

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8757	2.7958	2.8257
February	2.8365	2.7873	2.8073
March	2.8207	2.7737	2.7931
April	2.7604	2.6762	2.7242
May	2.7360	2.6762	2.7108
June	2.7896	2.7048	2.7497
July	2.7491	2.6944	2.7157
August	2.9120	2.7232	2.8502
September	3.2416	2.8658	3.0315
October	3.2551	3.0383	3.1285
November	3.3205	3.1109	3.1907
December	3.2585	3.1414	3.2037