2014 AFN to VEF Historical Review

YEARLY HIGH

0.1125 VEF

YEARLY LOW

0.1080 VEF

YEARLY AVERAGE

0.1105 VEF

2014 AFN to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.1125. Conversely, the yearly low was recorded on December 29, dropping to 0.1080.

This high-to-low spread represents a total annual volatility of 0.0044 VEF. From a start-to-finish perspective, comparing the January average rate of 0.1118 to the December average rate of 0.1089, the exchange rate registered a net change of -2.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1125 was down 5.48% compared to the 2013 peak of 0.1190, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 562 VEF

2013 Average 532 VEF

Yearly Trough Low 540 VEF

Transaction Impact: A difference of 22.02 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1121

0.1086

JanuMarcMayJulySeptNove

AFN 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 0.1107, compared to 0.1102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1107

H2 Avg (Jul–Dec) 0.1102

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0034 VEF (High: 0.1124 / Low: 0.1090). On the other end, March was the most stable month, with a tight range of 0.0012 VEF (High: 0.1111 / Low: 0.1099).

July Spread (Volatile) ±0.0034

March Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between June and August, 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 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.1118) against the same month in 2013 (average: 0.0836), the exchange rate shifted by +0.0283 (+33.81%).

2014 Avg (January) 0.1118

2013 Avg (January) 0.0836

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1125	0.1098	0.1118
February	0.1117	0.1100	0.1109
March	0.1111	0.1099	0.1105
April	0.1122	0.1099	0.1108
May	0.1119	0.1102	0.1107
June	0.1104	0.1084	0.1096
July	0.1124	0.1090	0.1106
August	0.1123	0.1107	0.1118
September	0.1123	0.1101	0.1110
October	0.1109	0.1087	0.1099
November	0.1096	0.1083	0.1091
December	0.1094	0.1080	0.1089