2014 SVC to VEF Historical Review

YEARLY HIGH

0.7239 VEF

YEARLY LOW

0.7155 VEF

YEARLY AVERAGE

0.7195 VEF

2014 SVC to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SVC to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.7239. Conversely, the yearly low was recorded on September 4, dropping to 0.7155.

This high-to-low spread represents a total annual volatility of 0.0083 VEF. From a start-to-finish perspective, comparing the January average rate of 0.7190 to the December average rate of 0.7211, the exchange rate registered a net change of 0.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7239 was up 0.03% compared to the 2013 peak of 0.7236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,619 VEF

2013 Average 3,337 VEF

Yearly Trough Low 3,578 VEF

Transaction Impact: A difference of 41.67 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7213

0.7187

JanuMarcMayJulySeptNove

SVC 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 0.7193, compared to 0.7197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.7193

H2 Avg (Jul–Dec) 0.7197

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0070 VEF (High: 0.7234 / Low: 0.7164). On the other end, July was the most stable month, with a tight range of 0.0010 VEF (High: 0.7196 / Low: 0.7187).

October Spread (Volatile) ±0.0070

July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.7211) against the same month in 2013 (average: 0.7191), the exchange rate shifted by +0.0020 (+0.27%).

2014 Avg (December) 0.7211

2013 Avg (December) 0.7191

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7214	0.7173	0.7190
February	0.7213	0.7164	0.7194
March	0.7207	0.7183	0.7194
April	0.7199	0.7177	0.7190
May	0.7206	0.7181	0.7193
June	0.7210	0.7189	0.7196
July	0.7196	0.7187	0.7192
August	0.7202	0.7165	0.7189
September	0.7223	0.7155	0.7192
October	0.7234	0.7164	0.7196
November	0.7223	0.7172	0.7199
December	0.7239	0.7185	0.7211