2014 LRD to VUV Historical Review

YEARLY HIGH

1.2080 VUV

YEARLY LOW

1.0138 VUV

YEARLY AVERAGE

1.0937 VUV

2014 LRD to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LRD to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 1.2080. Conversely, the yearly low was recorded on July 30, dropping to 1.0138.

This high-to-low spread represents a total annual volatility of 0.1942 VUV. From a start-to-finish perspective, comparing the January average rate of 1.1518 to the December average rate of 1.1167, the exchange rate registered a net change of -3.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.2080 was down 6.64% compared to the 2013 peak of 1.2940, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,040 VUV

2013 Average 6,127 VUV

Yearly Trough Low 5,069 VUV

Transaction Impact: A difference of 971.05 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1807

1.0110

JanuMarcMayJulySeptNove

LRD to VUV 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 1.1234, compared to 1.0639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0595 points.

H1 Avg (Jan–Jun) 1.1234

H2 Avg (Jul–Dec) 1.0639

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.1099 VUV (High: 1.1446 / Low: 1.0347). On the other end, February was the most stable month, with a tight range of 0.0204 VUV (High: 1.1447 / Low: 1.1244).

June Spread (Volatile) ±0.1099

February Spread (Stable) ±0.0204

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0628 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0628

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 1.1666) against the same month in 2013 (average: 1.2311), the exchange rate shifted by -0.0646 (-5.24%).

2014 Avg (March) 1.1666

2013 Avg (March) 1.2311

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1997	1.1243	1.1518
February	1.1447	1.1244	1.1301
March	1.2080	1.1059	1.1666
April	1.1137	1.0836	1.1037
May	1.1765	1.0867	1.1134
June	1.1446	1.0347	1.0747
July	1.0385	1.0138	1.0252
August	1.0416	1.0156	1.0308
September	1.0707	1.0342	1.0506
October	1.0921	1.0711	1.0793
November	1.0949	1.0729	1.0812
December	1.1333	1.0822	1.1167