2014 NPR to CVE Historical Review

YEARLY HIGH

0.9027 CVE

YEARLY LOW

0.7935 CVE

YEARLY AVERAGE

0.8465 CVE

2014 NPR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NPR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 0.9027. Conversely, the yearly low was recorded on January 27, dropping to 0.7935.

This high-to-low spread represents a total annual volatility of 0.1092 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8125 to the December average rate of 0.8889, the exchange rate registered a net change of 9.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9027 was down 9.00% compared to the 2013 peak of 0.9919, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,513 CVE

2013 Average 4,450 CVE

Yearly Trough Low 3,967 CVE

Transaction Impact: A difference of 546.16 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8980

0.7986

JanuMarcMayJulySeptNove

NPR to CVE 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 0.8230, compared to 0.8699 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0469 points.

H1 Avg (Jan–Jun) 0.8230

H2 Avg (Jul–Dec) 0.8699

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0427 CVE (High: 0.8603 / Low: 0.8176). On the other end, February was the most stable month, with a tight range of 0.0108 CVE (High: 0.8130 / Low: 0.8022).

May Spread (Volatile) ±0.0427

February Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0056 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.8889) against the same month in 2013 (average: 0.8110), the exchange rate shifted by +0.0779 (+9.61%).

2014 Avg (December) 0.8889

2013 Avg (December) 0.8110

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8254	0.7935	0.8125
February	0.8130	0.8022	0.8069
March	0.8372	0.8003	0.8120
April	0.8361	0.8139	0.8228
May	0.8603	0.8176	0.8390
June	0.8550	0.8346	0.8447
July	0.8512	0.8330	0.8419
August	0.8583	0.8334	0.8445
September	0.8848	0.8571	0.8739
October	0.8872	0.8692	0.8805
November	0.8960	0.8824	0.8897
December	0.9027	0.8684	0.8889