2014 BWP to VEF Historical Review

YEARLY HIGH

0.7264 VEF

YEARLY LOW

0.6609 VEF

YEARLY AVERAGE

0.7017 VEF

2014 BWP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BWP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.7264. Conversely, the yearly low was recorded on December 25, dropping to 0.6609.

This high-to-low spread represents a total annual volatility of 0.0655 VEF. From a start-to-finish perspective, comparing the January average rate of 0.7048 to the December average rate of 0.6677, the exchange rate registered a net change of -5.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7264 was down 6.92% compared to the 2013 peak of 0.7804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,632 VEF

2013 Average 3,467 VEF

Yearly Trough Low 3,304 VEF

Transaction Impact: A difference of 327.66 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7285

0.6622

JanuMarcMayJulySeptNove

BWP 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 0.7117, compared to 0.6917 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0199 points.

H1 Avg (Jan–Jun) 0.7117

H2 Avg (Jul–Dec) 0.6917

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0338 VEF (High: 0.7223 / Low: 0.6884). On the other end, May was the most stable month, with a tight range of 0.0068 VEF (High: 0.7264 / Low: 0.7196).

January Spread (Volatile) ±0.0338

May Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between February and May, 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 August and September, when the average rate fell by 0.0161 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.7230) against the same month in 2013 (average: 0.7588), the exchange rate shifted by -0.0358 (-4.72%).

2014 Avg (May) 0.7230

2013 Avg (May) 0.7588

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7223	0.6884	0.7048
February	0.7125	0.6876	0.7004
March	0.7170	0.7043	0.7112
April	0.7250	0.7127	0.7180
May	0.7264	0.7196	0.7230
June	0.7212	0.7079	0.7125
July	0.7166	0.7088	0.7120
August	0.7144	0.7058	0.7090
September	0.7067	0.6801	0.6929
October	0.6921	0.6775	0.6867
November	0.6894	0.6757	0.6820
December	0.6826	0.6609	0.6677