2014 BOB to VEF Historical Review

YEARLY HIGH

0.9157 VEF

YEARLY LOW

0.9060 VEF

YEARLY AVERAGE

0.9110 VEF

2014 BOB to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BOB to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.9157. Conversely, the yearly low was recorded on September 4, dropping to 0.9060.

This high-to-low spread represents a total annual volatility of 0.0097 VEF. From a start-to-finish perspective, comparing the January average rate of 0.9103 to the December average rate of 0.9136, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9157 was down 0.04% compared to the 2013 peak of 0.9161, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,579 VEF

2013 Average 4,205 VEF

Yearly Trough Low 4,530 VEF

Transaction Impact: A difference of 48.42 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9140

0.9099

JanuMarcMayJulySeptNove

BOB 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 0.9106, compared to 0.9114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.9106

H2 Avg (Jul–Dec) 0.9114

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0085 VEF (High: 0.9145 / Low: 0.9060). On the other end, July was the most stable month, with a tight range of 0.0013 VEF (High: 0.9112 / Low: 0.9099).

September Spread (Volatile) ±0.0085

July Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.9136) against the same month in 2013 (average: 0.9103), the exchange rate shifted by +0.0033 (+0.36%).

2014 Avg (December) 0.9136

2013 Avg (December) 0.9103

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9134	0.9074	0.9103
February	0.9130	0.9079	0.9107
March	0.9120	0.9081	0.9102
April	0.9115	0.9090	0.9103
May	0.9114	0.9093	0.9106
June	0.9129	0.9103	0.9111
July	0.9112	0.9099	0.9106
August	0.9117	0.9083	0.9106
September	0.9145	0.9060	0.9111
October	0.9140	0.9079	0.9112
November	0.9134	0.9093	0.9112
December	0.9157	0.9110	0.9136