2014 HKD to CVE Historical Review

YEARLY HIGH

11.6900 CVE

YEARLY LOW

10.1046 CVE

YEARLY AVERAGE

10.6734 CVE

2014 HKD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HKD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 11.6900. Conversely, the yearly low was recorded on March 14, dropping to 10.1046.

This high-to-low spread represents a total annual volatility of 1.5854 CVE. From a start-to-finish perspective, comparing the January average rate of 10.4070 to the December average rate of 11.5103, the exchange rate registered a net change of 10.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 11.6900 was up 5.13% compared to the 2013 peak of 11.1198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 292,250 CVE

2013 Average 267,274 CVE

Yearly Trough Low 252,616 CVE

Transaction Impact: A difference of 39,633.93 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

11.6388

10.0962

JanuMarcMayJulySeptNove

HKD 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 10.3284, compared to 11.0183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6899 points.

H1 Avg (Jan–Jun) 10.3284

H2 Avg (Jul–Dec) 11.0183

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.4051 CVE (High: 11.1802 / Low: 10.7751). On the other end, June was the most stable month, with a tight range of 0.1142 CVE (High: 10.4709 / Low: 10.3567).

September Spread (Volatile) ±0.4051

June Spread (Stable) ±0.1142

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 0.1342 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 11.5103) against the same month in 2013 (average: 10.3560), the exchange rate shifted by +1.1543 (+11.15%).

2014 Avg (December) 11.5103

2013 Avg (December) 10.3560

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.4920	10.2898	10.4070
February	10.4893	10.2544	10.3590
March	10.3366	10.1046	10.2247
April	10.3454	10.2004	10.2553
May	10.4084	10.1663	10.3082
June	10.4709	10.3567	10.4165
July	10.5794	10.3503	10.4520
August	10.7694	10.5364	10.6276
September	11.1802	10.7751	10.9975
October	11.3084	11.0469	11.1707
November	11.4052	11.2593	11.3518
December	11.6900	11.3535	11.5103