2014 HTG to VEF Historical Review

YEARLY HIGH

0.1621 VEF

YEARLY LOW

0.1352 VEF

YEARLY AVERAGE

0.1416 VEF

2014 HTG to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HTG to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.1621. Conversely, the yearly low was recorded on November 30, dropping to 0.1352.

This high-to-low spread represents a total annual volatility of 0.0269 VEF. From a start-to-finish perspective, comparing the January average rate of 0.1466 to the December average rate of 0.1357, the exchange rate registered a net change of -7.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1621 was up 0.12% compared to the 2013 peak of 0.1619, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 811 VEF

2013 Average 686 VEF

Yearly Trough Low 676 VEF

Transaction Impact: A difference of 134.57 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1582

0.1337

JanuMarcMayJulySeptNove

HTG 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 0.1442, compared to 0.1389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.1442

H2 Avg (Jul–Dec) 0.1389

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0189 VEF (High: 0.1621 / Low: 0.1433). On the other end, December was the most stable month, with a tight range of 0.0009 VEF (High: 0.1363 / Low: 0.1354).

February Spread (Volatile) ±0.0189

December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0139 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 0.1561) against the same month in 2013 (average: 0.1009), the exchange rate shifted by +0.0552 (+54.71%).

2014 Avg (February) 0.1561

2013 Avg (February) 0.1009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1516	0.1438	0.1466
February	0.1621	0.1433	0.1561
March	0.1455	0.1381	0.1423
April	0.1418	0.1402	0.1409
May	0.1408	0.1393	0.1398
June	0.1407	0.1387	0.1395
July	0.1407	0.1392	0.1402
August	0.1410	0.1387	0.1401
September	0.1415	0.1398	0.1406
October	0.1417	0.1395	0.1404
November	0.1397	0.1352	0.1366
December	0.1363	0.1354	0.1357