2014 CDF to CVE Historical Review

YEARLY HIGH

0.0982 CVE

YEARLY LOW

0.0851 CVE

YEARLY AVERAGE

0.0896 CVE

2014 CDF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CDF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0982. Conversely, the yearly low was recorded on March 14, dropping to 0.0851.

This high-to-low spread represents a total annual volatility of 0.0131 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0873 to the December average rate of 0.0964, the exchange rate registered a net change of 10.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0982 was up 4.72% compared to the 2013 peak of 0.0938, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 491 CVE

2013 Average 449 CVE

Yearly Trough Low 426 CVE

Transaction Impact: A difference of 65.61 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0974

0.0850

JanuMarcMayJulySeptNove

CDF 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 0.0868, compared to 0.0924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.0868

H2 Avg (Jul–Dec) 0.0924

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0034 CVE (High: 0.0938 / Low: 0.0904). On the other end, June was the most stable month, with a tight range of 0.0010 CVE (High: 0.0880 / Low: 0.0870).

September Spread (Volatile) ±0.0034

June Spread (Stable) ±0.0010

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 0.0011 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0964) against the same month in 2013 (average: 0.0870), the exchange rate shifted by +0.0094 (+10.81%).

2014 Avg (December) 0.0964

2013 Avg (December) 0.0870

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0881	0.0865	0.0873
February	0.0882	0.0865	0.0871
March	0.0870	0.0851	0.0860
April	0.0869	0.0856	0.0862
May	0.0875	0.0857	0.0867
June	0.0880	0.0870	0.0875
July	0.0888	0.0867	0.0878
August	0.0903	0.0884	0.0892
September	0.0938	0.0904	0.0923
October	0.0948	0.0929	0.0937
November	0.0956	0.0943	0.0951
December	0.0982	0.0952	0.0964