2014 NIO to VEF Historical Review

YEARLY HIGH

0.2494 VEF

YEARLY LOW

0.2361 VEF

YEARLY AVERAGE

0.2424 VEF

2014 NIO to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NIO to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.2494. Conversely, the yearly low was recorded on November 3, dropping to 0.2361.

This high-to-low spread represents a total annual volatility of 0.0133 VEF. From a start-to-finish perspective, comparing the January average rate of 0.2476 to the December average rate of 0.2382, the exchange rate registered a net change of -3.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2494 was down 4.11% compared to the 2013 peak of 0.2600, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,247 VEF

2013 Average 1,182 VEF

Yearly Trough Low 1,180 VEF

Transaction Impact: A difference of 66.35 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2487

0.2359

JanuMarcMayJulySeptNove

NIO 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 0.2454, compared to 0.2395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.2454

H2 Avg (Jul–Dec) 0.2395

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0052 VEF (High: 0.2443 / Low: 0.2391). On the other end, July was the most stable month, with a tight range of 0.0006 VEF (High: 0.2422 / Low: 0.2416).

September Spread (Volatile) ±0.0052

July Spread (Stable) ±0.0006

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 September and October, when the average rate fell by 0.0024 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.2476) against the same month in 2013 (average: 0.1776), the exchange rate shifted by +0.0700 (+39.42%).

2014 Avg (January) 0.2476

2013 Avg (January) 0.1776

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2494	0.2458	0.2476
February	0.2483	0.2453	0.2470
March	0.2478	0.2445	0.2462
April	0.2450	0.2442	0.2446
May	0.2445	0.2436	0.2441
June	0.2443	0.2421	0.2429
July	0.2422	0.2416	0.2419
August	0.2420	0.2399	0.2412
September	0.2443	0.2391	0.2404
October	0.2413	0.2362	0.2380
November	0.2377	0.2361	0.2370
December	0.2391	0.2368	0.2382