2014 CVE to VEF Historical Review

YEARLY HIGH

0.0802 VEF

YEARLY LOW

0.0697 VEF

YEARLY AVERAGE

0.0762 VEF

2014 CVE to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CVE to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 0.0802. Conversely, the yearly low was recorded on December 31, dropping to 0.0697.

This high-to-low spread represents a total annual volatility of 0.0104 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0779 to the December average rate of 0.0707, the exchange rate registered a net change of -9.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0802 was up 1.33% compared to the 2013 peak of 0.0791, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 401 VEF

2013 Average 352 VEF

Yearly Trough Low 349 VEF

Transaction Impact: A difference of 52.17 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0802

0.0699

JanuMarcMayJulySeptNove

CVE 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 0.0786, compared to 0.0738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.0786

H2 Avg (Jul–Dec) 0.0738

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0027 VEF (High: 0.0753 / Low: 0.0726). On the other end, June was the most stable month, with a tight range of 0.0008 VEF (High: 0.0784 / Low: 0.0776).

September Spread (Volatile) ±0.0027

June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.0025 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.0793) against the same month in 2013 (average: 0.0557), the exchange rate shifted by +0.0236 (+42.35%).

2014 Avg (March) 0.0793

2013 Avg (March) 0.0557

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0788	0.0773	0.0779
February	0.0791	0.0773	0.0783
March	0.0802	0.0784	0.0793
April	0.0796	0.0784	0.0791
May	0.0799	0.0780	0.0787
June	0.0784	0.0776	0.0780
July	0.0785	0.0768	0.0777
August	0.0771	0.0754	0.0764
September	0.0753	0.0726	0.0739
October	0.0735	0.0718	0.0727
November	0.0721	0.0712	0.0715
December	0.0717	0.0697	0.0707