2014 HRK to VEF Historical Review

YEARLY HIGH

1.1541 VEF

YEARLY LOW

0.9997 VEF

YEARLY AVERAGE

1.0960 VEF

2014 HRK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HRK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 1.1541. Conversely, the yearly low was recorded on December 31, dropping to 0.9997.

This high-to-low spread represents a total annual volatility of 0.1544 VEF. From a start-to-finish perspective, comparing the January average rate of 1.1229 to the December average rate of 1.0136, the exchange rate registered a net change of -9.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1541 was up 1.30% compared to the 2013 peak of 1.1393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,771 VEF

2013 Average 5,118 VEF

Yearly Trough Low 4,999 VEF

Transaction Impact: A difference of 771.98 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1523

1.0010

JanuMarcMayJulySeptNove

HRK 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 1.1316, compared to 1.0604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0712 points.

H1 Avg (Jan–Jun) 1.1316

H2 Avg (Jul–Dec) 1.0604

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0452 VEF (High: 1.0859 / Low: 1.0407). On the other end, June was the most stable month, with a tight range of 0.0121 VEF (High: 1.1368 / Low: 1.1247).

September Spread (Volatile) ±0.0452

June Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0330 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0330

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 1.1379) against the same month in 2013 (average: 1.0787), the exchange rate shifted by +0.0592 (+5.49%).

2014 Avg (May) 1.1379

2013 Avg (May) 1.0787

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1358	1.1109	1.1229
February	1.1331	1.1090	1.1225
March	1.1445	1.1290	1.1362
April	1.1472	1.1294	1.1397
May	1.1541	1.1273	1.1379
June	1.1368	1.1247	1.1302
July	1.1362	1.1035	1.1195
August	1.1057	1.0844	1.0982
September	1.0859	1.0407	1.0652
October	1.0505	1.0326	1.0421
November	1.0304	1.0181	1.0237
December	1.0287	0.9997	1.0136