2014 HKD to VEF Historical Review

YEARLY HIGH

0.8160 VEF

YEARLY LOW

0.8093 VEF

YEARLY AVERAGE

0.8119 VEF

2014 HKD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HKD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.8160. Conversely, the yearly low was recorded on October 15, dropping to 0.8093.

This high-to-low spread represents a total annual volatility of 0.0067 VEF. From a start-to-finish perspective, comparing the January average rate of 0.8111 to the December average rate of 0.8142, the exchange rate registered a net change of 0.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8160 was up 0.50% compared to the 2013 peak of 0.8120, 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 20,401 VEF

2013 Average 18,815 VEF

Yearly Trough Low 20,233 VEF

Transaction Impact: A difference of 168.19 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8146

0.8104

JanuMarcMayJulySeptNove

HKD 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 0.8114, compared to 0.8124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.8114

H2 Avg (Jul–Dec) 0.8124

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0051 VEF (High: 0.8160 / Low: 0.8109). On the other end, April was the most stable month, with a tight range of 0.0007 VEF (High: 0.8119 / Low: 0.8112).

September Spread (Volatile) ±0.0051

April Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.8127) against the same month in 2013 (average: 0.8113), the exchange rate shifted by +0.0014 (+0.17%).

2014 Avg (September) 0.8127

2013 Avg (September) 0.8113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8118	0.8101	0.8111
February	0.8117	0.8103	0.8110
March	0.8113	0.8100	0.8107
April	0.8119	0.8112	0.8115
May	0.8120	0.8112	0.8117
June	0.8136	0.8114	0.8120
July	0.8122	0.8114	0.8120
August	0.8126	0.8115	0.8119
September	0.8160	0.8109	0.8127
October	0.8144	0.8093	0.8118
November	0.8132	0.8112	0.8118
December	0.8157	0.8120	0.8142