2014 FKP to VEF Historical Review

YEARLY HIGH

10.8034 VEF

YEARLY LOW

9.7943 VEF

YEARLY AVERAGE

10.3715 VEF

2014 FKP to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FKP to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 10.8034. Conversely, the yearly low was recorded on December 29, dropping to 9.7943.

This high-to-low spread represents a total annual volatility of 1.0090 VEF. From a start-to-finish perspective, comparing the January average rate of 10.3606 to the December average rate of 9.8688, the exchange rate registered a net change of -4.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.8034 was up 3.60% compared to the 2013 peak of 10.4277, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,017 VEF

2013 Average 45,695 VEF

Yearly Trough Low 48,972 VEF

Transaction Impact: A difference of 5,045.19 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.8298

9.7815

JanuMarcMayJulySeptNove

FKP 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 10.5046, compared to 10.2385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2661 points.

H1 Avg (Jan–Jun) 10.5046

H2 Avg (Jul–Dec) 10.2385

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.3116 VEF (High: 10.4513 / Low: 10.1397). On the other end, December was the most stable month, with a tight range of 0.1448 VEF (High: 9.9392 / Low: 9.7943).

September Spread (Volatile) ±0.3116

December Spread (Stable) ±0.1448

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2399 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 10.7424) against the same month in 2013 (average: 9.5478), the exchange rate shifted by +1.1946 (+12.51%).

2014 Avg (July) 10.7424

2013 Avg (July) 9.5478

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.4670	10.2878	10.3606
February	10.5414	10.2608	10.4218
March	10.5379	10.3693	10.4616
April	10.6200	10.4316	10.5352
May	10.6821	10.5183	10.5970
June	10.7657	10.5326	10.6511
July	10.8034	10.6279	10.7424
August	10.6259	10.4059	10.5062
September	10.4513	10.1397	10.2663
October	10.1953	10.0073	10.1198
November	10.0780	9.8399	9.9275
December	9.9392	9.7943	9.8688