2011 WST to VEF Historical Review

YEARLY HIGH

1.9961 VEF

YEARLY LOW

1.7668 VEF

YEARLY AVERAGE

1.8511 VEF

2011 WST to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the WST to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 1.9961. Conversely, the yearly low was recorded on November 25, dropping to 1.7668.

This high-to-low spread represents a total annual volatility of 0.2293 VEF. From a start-to-finish perspective, comparing the January average rate of 1.8272 to the December average rate of 1.7917, the exchange rate registered a net change of -1.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.9961 was up 5.40% compared to the 2010 peak of 1.8938, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 WST based on timing:

Yearly Peak High 9,981 VEF

2010 Average 8,457 VEF

Yearly Trough Low 8,834 VEF

Transaction Impact: A difference of 1,146.49 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.9291

1.7792

JanuMarcMayJulySeptNove

WST to VEF 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 1.8417, compared to 1.8604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0186 points.

H1 Avg (Jan–Jun) 1.8417

H2 Avg (Jul–Dec) 1.8604

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1373 VEF (High: 1.9400 / Low: 1.8027). On the other end, December was the most stable month, with a tight range of 0.0323 VEF (High: 1.8115 / Low: 1.7791).

September Spread (Volatile) ±0.1373

December Spread (Stable) ±0.0323

Growth Streaks & Declines

Trends

Between February and August, 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 September and October, when the average rate fell by 0.0388 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0388

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 1.9166) against the same month in 2010 (average: 1.6676), the exchange rate shifted by +0.2490 (+14.93%).

2011 Avg (August) 1.9166

2010 Avg (August) 1.6676

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8583	1.7821	1.8272
February	1.8489	1.7929	1.8226
March	1.8449	1.7929	1.8271
April	1.8967	1.8006	1.8409
May	1.8892	1.8337	1.8624
June	1.9100	1.8297	1.8701
July	1.9668	1.8423	1.9063
August	1.9961	1.8681	1.9166
September	1.9400	1.8027	1.8788
October	1.9123	1.7823	1.8401
November	1.8797	1.7668	1.8288
December	1.8115	1.7791	1.7917