2014 GTQ to VEF Historical Review

YEARLY HIGH

0.8317 VEF

YEARLY LOW

0.7983 VEF

YEARLY AVERAGE

0.8138 VEF

2014 GTQ to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GTQ to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.8317. Conversely, the yearly low was recorded on January 5, dropping to 0.7983.

This high-to-low spread represents a total annual volatility of 0.0333 VEF. From a start-to-finish perspective, comparing the January average rate of 0.8019 to the December average rate of 0.8277, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8317 was up 2.61% compared to the 2013 peak of 0.8105, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,158 VEF

2013 Average 3,714 VEF

Yearly Trough Low 3,992 VEF

Transaction Impact: A difference of 166.74 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8303

0.7993

JanuMarcMayJulySeptNove

GTQ 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 0.8096, compared to 0.8180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.8096

H2 Avg (Jul–Dec) 0.8180

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0108 VEF (High: 0.8197 / Low: 0.8089). On the other end, March was the most stable month, with a tight range of 0.0036 VEF (High: 0.8157 / Low: 0.8121).

September Spread (Volatile) ±0.0108

March Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0075 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.8277) against the same month in 2013 (average: 0.7998), the exchange rate shifted by +0.0279 (+3.49%).

2014 Avg (December) 0.8277

2013 Avg (December) 0.7998

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8067	0.7983	0.8019
February	0.8129	0.8028	0.8100
March	0.8157	0.8121	0.8140
April	0.8142	0.8102	0.8115
May	0.8162	0.8092	0.8139
June	0.8094	0.8034	0.8064
July	0.8122	0.8058	0.8099
August	0.8099	0.8030	0.8057
September	0.8197	0.8089	0.8146
October	0.8283	0.8175	0.8234
November	0.8305	0.8234	0.8268
December	0.8317	0.8234	0.8277