2014 BHD to VEF Historical Review

YEARLY HIGH

16.7760 VEF

YEARLY LOW

16.6385 VEF

YEARLY AVERAGE

16.6988 VEF

2014 BHD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BHD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 16.7760. Conversely, the yearly low was recorded on October 7, dropping to 16.6385.

This high-to-low spread represents a total annual volatility of 0.1375 VEF. From a start-to-finish perspective, comparing the January average rate of 16.6913 to the December average rate of 16.7471, the exchange rate registered a net change of 0.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 16.7760 was up 0.39% compared to the 2013 peak of 16.7105, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,880 VEF

2013 Average 77,425 VEF

Yearly Trough Low 83,192 VEF

Transaction Impact: A difference of 687.51 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

16.7529

16.6828

JanuMarcMayJulySeptNove

BHD 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 16.6910, compared to 16.7065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 16.6910

H2 Avg (Jul–Dec) 16.7065

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.1112 VEF (High: 16.7496 / Low: 16.6385). On the other end, July was the most stable month, with a tight range of 0.0111 VEF (High: 16.6961 / Low: 16.6850).

October Spread (Volatile) ±0.1112

July Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

Between April and June, 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 0.0060 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 16.7096) against the same month in 2013 (average: 16.6865), the exchange rate shifted by +0.0231 (+0.14%).

2014 Avg (September) 16.7096

2013 Avg (September) 16.6865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.7746	16.6740	16.6913
February	16.7077	16.6784	16.6895
March	16.6950	16.6825	16.6904
April	16.6964	16.6744	16.6888
May	16.6971	16.6827	16.6912
June	16.7274	16.6868	16.6950
July	16.6961	16.6850	16.6919
August	16.6982	16.6724	16.6886
September	16.7760	16.6748	16.7096
October	16.7496	16.6385	16.7036
November	16.7297	16.6838	16.6982
December	16.7736	16.6897	16.7471