2014 NPR to VUV Historical Review

YEARLY HIGH

1.0339 VUV

YEARLY LOW

0.9567 VUV

YEARLY AVERAGE

0.9856 VUV

2014 NPR to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NPR to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 1.0339. Conversely, the yearly low was recorded on February 2, dropping to 0.9567.

This high-to-low spread represents a total annual volatility of 0.0772 VUV. From a start-to-finish perspective, comparing the January average rate of 0.9702 to the December average rate of 1.0175, the exchange rate registered a net change of 4.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.0339 was down 2.68% compared to the 2013 peak of 1.0624, 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 5,170 VUV

2013 Average 5,026 VUV

Yearly Trough Low 4,784 VUV

Transaction Impact: A difference of 385.96 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0224

0.9635

JanuMarcMayJulySeptNove

NPR 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 0.9794, compared to 0.9918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0124 points.

H1 Avg (Jan–Jun) 0.9794

H2 Avg (Jul–Dec) 0.9918

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0471 VUV (High: 1.0153 / Low: 0.9682). On the other end, July was the most stable month, with a tight range of 0.0068 VUV (High: 0.9791 / Low: 0.9723).

May Spread (Volatile) ±0.0471

July Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0119 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.0175) against the same month in 2013 (average: 0.9705), the exchange rate shifted by +0.0471 (+4.85%).

2014 Avg (December) 1.0175

2013 Avg (December) 0.9705

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9800	0.9591	0.9702
February	0.9771	0.9567	0.9701
March	0.9927	0.9729	0.9829
April	0.9856	0.9634	0.9746
May	1.0153	0.9682	0.9905
June	1.0115	0.9720	0.9883
July	0.9791	0.9723	0.9764
August	0.9829	0.9598	0.9684
September	0.9963	0.9687	0.9852
October	1.0148	0.9935	1.0034
November	1.0163	0.9924	0.9999
December	1.0339	0.9968	1.0175