2014 PEN to CVE Historical Review

YEARLY HIGH

30.4182 CVE

YEARLY LOW

28.0013 CVE

YEARLY AVERAGE

29.1446 CVE

2014 PEN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 30.4182. Conversely, the yearly low was recorded on March 14, dropping to 28.0013.

This high-to-low spread represents a total annual volatility of 2.4169 CVE. From a start-to-finish perspective, comparing the January average rate of 28.7338 to the December average rate of 30.1278, the exchange rate registered a net change of 4.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 30.4182 was down 8.67% compared to the 2013 peak of 33.3049, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 152,091 CVE

2013 Average 153,672 CVE

Yearly Trough Low 140,007 CVE

Transaction Impact: A difference of 12,084.41 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

30.3130

28.0906

JanuMarcMayJulySeptNove

PEN 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 28.5996, compared to 29.6896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0900 points.

H1 Avg (Jan–Jun) 28.5996

H2 Avg (Jul–Dec) 29.6896

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 1.0440 CVE (High: 29.1429 / Low: 28.0989). On the other end, August was the most stable month, with a tight range of 0.3606 CVE (High: 29.4238 / Low: 29.0632).

May Spread (Volatile) ±1.0440

August Spread (Stable) ±0.3606

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2834 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.2834

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 30.1278) against the same month in 2013 (average: 28.8203), the exchange rate shifted by +1.3075 (+4.54%).

2014 Avg (December) 30.1278

2013 Avg (December) 28.8203

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.9845	28.3607	28.7338
February	28.8242	28.4040	28.5592
March	28.6474	28.0013	28.2758
April	28.6687	28.2450	28.4815
May	29.1429	28.0989	28.6405
June	29.1037	28.7060	28.9067
July	29.3438	28.6828	29.0761
August	29.4238	29.0632	29.2676
September	30.0273	29.2917	29.7472
October	30.1967	29.5162	29.8233
November	30.3080	29.7854	30.0958
December	30.4182	29.6423	30.1278