2012 VEF to TOP Historical Review

YEARLY HIGH

0.4207 TOP

YEARLY LOW

0.3901 TOP

YEARLY AVERAGE

0.4048 TOP

2012 VEF to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the VEF to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 0.4207. Conversely, the yearly low was recorded on March 4, dropping to 0.3901.

This high-to-low spread represents a total annual volatility of 0.0306 TOP. From a start-to-finish perspective, comparing the January average rate of 0.4055 to the December average rate of 0.4053, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.4207 was down 4.24% compared to the 2011 peak of 0.4394, 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 2,104 TOP

2011 Average 2,043 TOP

Yearly Trough Low 1,951 TOP

Transaction Impact: A difference of 153.10 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.4190

0.3905

JanuMarcMayJulySeptNove

VEF to TOP 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 0.4023, compared to 0.4073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.4023

H2 Avg (Jul–Dec) 0.4073

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0287 TOP (High: 0.4188 / Low: 0.3901). On the other end, June was the most stable month, with a tight range of 0.0050 TOP (High: 0.4186 / Low: 0.4136).

May Spread (Volatile) ±0.0287

June Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.0114 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.4142) against the same month in 2011 (average: 0.3923), the exchange rate shifted by +0.0219 (+5.57%).

2012 Avg (July) 0.4142

2011 Avg (July) 0.3923

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4090	0.3969	0.4055
February	0.3980	0.3909	0.3941
March	0.3980	0.3901	0.3928
April	0.3984	0.3925	0.3962
May	0.4188	0.3901	0.4088
June	0.4186	0.4136	0.4166
July	0.4207	0.4063	0.4142
August	0.4109	0.4042	0.4079
September	0.4117	0.3996	0.4059
October	0.4099	0.4014	0.4058
November	0.4138	0.3980	0.4047
December	0.4107	0.4035	0.4053