2014 ETB to VEF Historical Review

YEARLY HIGH

0.3309 VEF

YEARLY LOW

0.3120 VEF

YEARLY AVERAGE

0.3202 VEF

2014 ETB to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.3309. Conversely, the yearly low was recorded on December 29, dropping to 0.3120.

This high-to-low spread represents a total annual volatility of 0.0188 VEF. From a start-to-finish perspective, comparing the January average rate of 0.3283 to the December average rate of 0.3129, the exchange rate registered a net change of -4.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3309 was down 3.13% compared to the 2013 peak of 0.3415, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,654 VEF

2013 Average 1,558 VEF

Yearly Trough Low 1,560 VEF

Transaction Impact: A difference of 94.21 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3298

0.3114

JanuMarcMayJulySeptNove

ETB 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 0.3248, compared to 0.3156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.3248

H2 Avg (Jul–Dec) 0.3156

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0054 VEF (High: 0.3309 / Low: 0.3255). On the other end, June was the most stable month, with a tight range of 0.0013 VEF (High: 0.3222 / Low: 0.3209).

February Spread (Volatile) ±0.0054

June Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0026 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 0.3270) against the same month in 2013 (average: 0.2334), the exchange rate shifted by +0.0935 (+40.07%).

2014 Avg (February) 0.3270

2013 Avg (February) 0.2334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3299	0.3268	0.3283
February	0.3309	0.3255	0.3270
March	0.3282	0.3247	0.3261
April	0.3248	0.3218	0.3235
May	0.3241	0.3215	0.3224
June	0.3222	0.3209	0.3214
July	0.3210	0.3182	0.3190
August	0.3183	0.3158	0.3173
September	0.3175	0.3147	0.3160
October	0.3163	0.3132	0.3146
November	0.3146	0.3124	0.3134
December	0.3141	0.3120	0.3129