2011 VEF to SCR Historical Review

YEARLY HIGH

3.2228 SCR

YEARLY LOW

2.8001 SCR

YEARLY AVERAGE

2.8978 SCR

2011 VEF to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 3.2228. Conversely, the yearly low was recorded on September 7, dropping to 2.8001.

This high-to-low spread represents a total annual volatility of 0.4228 SCR. From a start-to-finish perspective, comparing the January average rate of 2.8916 to the December average rate of 3.1062, the exchange rate registered a net change of 7.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 3.2228 was down 37.71% compared to the 2010 peak of 5.1740, 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 16,114 SCR

2010 Average 14,488 SCR

Yearly Trough Low 14,000 SCR

Transaction Impact: A difference of 2,113.79 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

3.1322

2.8200

JanuMarcMayJulySeptNove

VEF to SCR 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 2.8690, compared to 2.9267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0576 points.

H1 Avg (Jan–Jun) 2.8690

H2 Avg (Jul–Dec) 2.9267

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.2303 SCR (High: 3.2228 / Low: 2.9925). On the other end, May was the most stable month, with a tight range of 0.0823 SCR (High: 2.9045 / Low: 2.8222).

December Spread (Volatile) ±0.2303

May Spread (Stable) ±0.0823

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 May and June, when the average rate fell by 0.0250 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 3.1062) against the same month in 2010 (average: 2.8588), the exchange rate shifted by +0.2474 (+8.65%).

2011 Avg (December) 3.1062

2010 Avg (December) 2.8588

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9396	2.8285	2.8916
February	2.9049	2.8202	2.8674
March	2.9339	2.8173	2.8660
April	2.9041	2.8116	2.8504
May	2.9045	2.8222	2.8819
June	2.9045	2.8052	2.8569
July	2.9164	2.8016	2.8460
August	2.9193	2.8036	2.8528
September	2.9164	2.8001	2.8651
October	2.9931	2.8729	2.9182
November	3.0528	2.9164	2.9716
December	3.2228	2.9925	3.1062