2014 SBD to VEF Historical Review

YEARLY HIGH

0.8748 VEF

YEARLY LOW

0.8230 VEF

YEARLY AVERAGE

0.8612 VEF

2014 SBD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SBD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.8748. Conversely, the yearly low was recorded on December 25, dropping to 0.8230.

This high-to-low spread represents a total annual volatility of 0.0518 VEF. From a start-to-finish perspective, comparing the January average rate of 0.8723 to the December average rate of 0.8346, the exchange rate registered a net change of -4.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8748 was down 1.97% compared to the 2013 peak of 0.8924, 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 4,374 VEF

2013 Average 4,078 VEF

Yearly Trough Low 4,115 VEF

Transaction Impact: A difference of 259.23 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8761

0.8308

JanuMarcMayJulySeptNove

SBD 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 0.8664, compared to 0.8561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 0.8664

H2 Avg (Jul–Dec) 0.8561

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0228 VEF (High: 0.8748 / Low: 0.8520). On the other end, March was the most stable month, with a tight range of 0.0017 VEF (High: 0.8667 / Low: 0.8650).

September Spread (Volatile) ±0.0228

March Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0115 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.8633) against the same month in 2013 (average: 0.8824), the exchange rate shifted by -0.0192 (-2.17%).

2014 Avg (September) 0.8633

2013 Avg (September) 0.8824

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8748	0.8652	0.8723
February	0.8677	0.8647	0.8660
March	0.8667	0.8650	0.8658
April	0.8666	0.8620	0.8650
May	0.8640	0.8569	0.8613
June	0.8722	0.8607	0.8680
July	0.8721	0.8660	0.8697
August	0.8723	0.8658	0.8699
September	0.8748	0.8520	0.8633
October	0.8565	0.8480	0.8527
November	0.8540	0.8410	0.8461
December	0.8444	0.8230	0.8346