2011 VEF to SVC Historical Review

YEARLY HIGH

2.0463 SVC

YEARLY LOW

2.0254 SVC

YEARLY AVERAGE

2.0364 SVC

2011 VEF to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2.0463. Conversely, the yearly low was recorded on August 15, dropping to 2.0254.

This high-to-low spread represents a total annual volatility of 0.0209 SVC. From a start-to-finish perspective, comparing the January average rate of 2.0360 to the December average rate of 2.0370, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.0463 was down 49.78% compared to the 2010 peak of 4.0747, 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 10,231 SVC

2010 Average 10,460 SVC

Yearly Trough Low 10,127 SVC

Transaction Impact: A difference of 104.69 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.0371

2.0359

JanuMarcMayJulySeptNove

VEF to SVC 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 2.0364, compared to 2.0365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 2.0364

H2 Avg (Jul–Dec) 2.0365

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0209 SVC (High: 2.0463 / Low: 2.0254). On the other end, April was the most stable month, with a tight range of 0.0035 SVC (High: 2.0381 / Low: 2.0346).

August Spread (Volatile) ±0.0209

April Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 2.0363) against the same month in 2010 (average: 2.0369), the exchange rate shifted by -0.0006 (-0.03%).

2011 Avg (August) 2.0363

2010 Avg (August) 2.0369

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0377	2.0338	2.0360
February	2.0384	2.0340	2.0363
March	2.0407	2.0345	2.0367
April	2.0381	2.0346	2.0367
May	2.0378	2.0342	2.0362
June	2.0383	2.0347	2.0366
July	2.0395	2.0346	2.0365
August	2.0463	2.0254	2.0363
September	2.0386	2.0341	2.0366
October	2.0376	2.0339	2.0361
November	2.0391	2.0318	2.0363
December	2.0397	2.0349	2.0370