2014 AZN to CVE Historical Review

YEARLY HIGH

115.7084 CVE

YEARLY LOW

100.0702 CVE

YEARLY AVERAGE

105.5551 CVE

2014 AZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 115.7084. Conversely, the yearly low was recorded on March 14, dropping to 100.0702.

This high-to-low spread represents a total annual volatility of 15.6382 CVE. From a start-to-finish perspective, comparing the January average rate of 102.9451 to the December average rate of 113.8287, the exchange rate registered a net change of 10.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 115.7084 was up 5.23% compared to the 2013 peak of 109.9582, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 578,542 CVE

2013 Average 528,542 CVE

Yearly Trough Low 500,351 CVE

Transaction Impact: A difference of 78,191.10 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

115.0910

99.9436

JanuMarcMayJulySeptNove

AZN 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 102.1567, compared to 108.9535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.7968 points.

H1 Avg (Jan–Jun) 102.1567

H2 Avg (Jul–Dec) 108.9535

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 4.1734 CVE (High: 110.6596 / Low: 106.4862). On the other end, June was the most stable month, with a tight range of 1.1726 CVE (High: 103.5419 / Low: 102.3693).

September Spread (Volatile) ±4.1734

June Spread (Stable) ±1.1726

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.2817 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -1.2817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 113.8287) against the same month in 2013 (average: 102.3937), the exchange rate shifted by +11.4350 (+11.17%).

2014 Avg (December) 113.8287

2013 Avg (December) 102.3937

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	103.7576	101.7574	102.9451
February	103.8696	101.4737	102.4876
March	102.2979	100.0702	101.2059
April	102.3334	100.8460	101.4150
May	102.8986	100.5045	101.9059
June	103.5419	102.3693	102.9807
July	104.5758	102.3027	103.3099
August	106.4549	104.1378	105.0567
September	110.6596	106.4862	108.7435
October	111.9459	109.2851	110.5276
November	112.7742	111.3293	112.2543
December	115.7084	112.2635	113.8287