2012 ZAR to CVE Historical Review

YEARLY HIGH

11.1843 CVE

YEARLY LOW

9.5322 CVE

YEARLY AVERAGE

10.4896 CVE

2012 ZAR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ZAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 11.1843. Conversely, the yearly low was recorded on December 2, dropping to 9.5322.

This high-to-low spread represents a total annual volatility of 1.6522 CVE. From a start-to-finish perspective, comparing the January average rate of 10.6832 to the December average rate of 9.7657, the exchange rate registered a net change of -8.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 11.1843 was down 10.50% compared to the 2011 peak of 12.4962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 559,216 CVE

2011 Average 548,343 CVE

Yearly Trough Low 476,609 CVE

Transaction Impact: A difference of 82,607.74 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

11.1196

9.6426

JanuMarcMayJulySeptNove

ZAR to CVE 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 10.7296, compared to 10.2496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4800 points.

H1 Avg (Jan–Jun) 10.7296

H2 Avg (Jul–Dec) 10.2496

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 0.7214 CVE (High: 11.1751 / Low: 10.4537). On the other end, June was the most stable month, with a tight range of 0.2913 CVE (High: 10.6492 / Low: 10.3579).

August Spread (Volatile) ±0.7214

June Spread (Stable) ±0.2913

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5385 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2012: 10.9965) against the same month in 2011 (average: 11.3967), the exchange rate shifted by -0.4001 (-3.51%).

2012 Avg (March) 10.9965

2011 Avg (March) 11.3967

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.8338	10.4709	10.6832
February	11.0945	10.7785	10.9144
March	11.1843	10.7589	10.9965
April	10.8638	10.5039	10.7142
May	10.8635	10.3294	10.5721
June	10.6492	10.3579	10.4970
July	11.0626	10.6779	10.9295
August	11.1751	10.4537	10.8257
September	10.6290	10.1475	10.3655
October	10.2038	9.5888	9.8270
November	9.9961	9.6010	9.7844
December	9.8677	9.5322	9.7657