2014 SBD to CVE Historical Review

YEARLY HIGH

11.9969 CVE

YEARLY LOW

10.7850 CVE

YEARLY AVERAGE

11.3170 CVE

2014 SBD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SBD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 11.9969. Conversely, the yearly low was recorded on May 8, dropping to 10.7850.

This high-to-low spread represents a total annual volatility of 1.2120 CVE. From a start-to-finish perspective, comparing the January average rate of 11.1919 to the December average rate of 11.7976, the exchange rate registered a net change of 5.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 11.9969 was down 1.83% compared to the 2013 peak of 12.2203, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,985 CVE

2013 Average 57,957 CVE

Yearly Trough Low 53,925 CVE

Transaction Impact: A difference of 6,059.93 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

11.9228

10.8272

JanuMarcMayJulySeptNove

SBD 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 11.0294, compared to 11.6046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5752 points.

H1 Avg (Jan–Jun) 11.0294

H2 Avg (Jul–Dec) 11.6046

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.4146 CVE (High: 11.9969 / Low: 11.5824). On the other end, November was the most stable month, with a tight range of 0.1318 CVE (High: 11.8977 / Low: 11.7659).

December Spread (Volatile) ±0.4146

November Spread (Stable) ±0.1318

Growth Streaks & Declines

Trends

Between March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1433 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1433

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 11.7976) against the same month in 2013 (average: 11.1662), the exchange rate shifted by +0.6314 (+5.65%).

2014 Avg (December) 11.7976

2013 Avg (December) 11.1662

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2842	11.0896	11.1919
February	11.2256	10.9454	11.0618
March	11.0340	10.7916	10.9185
April	11.0460	10.8747	10.9308
May	11.0602	10.7850	10.9383
June	11.2366	11.0224	11.1348
July	11.3167	11.0750	11.1954
August	11.5590	11.2727	11.3869
September	11.8347	11.4947	11.6819
October	11.8856	11.6132	11.7341
November	11.8977	11.7659	11.8315
December	11.9969	11.5824	11.7976