2014 KES to VEF Historical Review

YEARLY HIGH

0.0736 VEF

YEARLY LOW

0.0696 VEF

YEARLY AVERAGE

0.0716 VEF

2014 KES to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KES to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.0736. Conversely, the yearly low was recorded on December 29, dropping to 0.0696.

This high-to-low spread represents a total annual volatility of 0.0040 VEF. From a start-to-finish perspective, comparing the January average rate of 0.0729 to the December average rate of 0.0698, the exchange rate registered a net change of -4.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0736 was down 2.11% compared to the 2013 peak of 0.0752, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 368 VEF

2013 Average 339 VEF

Yearly Trough Low 348 VEF

Transaction Impact: A difference of 19.91 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0733

0.0695

JanuMarcMayJulySeptNove

KES 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 0.0725, compared to 0.0707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0725

H2 Avg (Jul–Dec) 0.0707

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0013 VEF (High: 0.0736 / Low: 0.0723). On the other end, July was the most stable month, with a tight range of 0.0002 VEF (High: 0.0718 / Low: 0.0716).

January Spread (Volatile) ±0.0013

July Spread (Stable) ±0.0002

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 October and November, when the average rate fell by 0.0006 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0729) against the same month in 2013 (average: 0.0494), the exchange rate shifted by +0.0235 (+47.60%).

2014 Avg (January) 0.0729

2013 Avg (January) 0.0494

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0736	0.0723	0.0729
February	0.0732	0.0726	0.0729
March	0.0729	0.0725	0.0727
April	0.0728	0.0723	0.0725
May	0.0725	0.0716	0.0720
June	0.0720	0.0715	0.0718
July	0.0718	0.0716	0.0717
August	0.0717	0.0710	0.0714
September	0.0714	0.0705	0.0709
October	0.0709	0.0702	0.0706
November	0.0704	0.0697	0.0700
December	0.0700	0.0696	0.0698