2014 SZL to VEF Historical Review

YEARLY HIGH

0.6098 VEF

YEARLY LOW

0.5400 VEF

YEARLY AVERAGE

0.5807 VEF

2014 SZL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.6098. Conversely, the yearly low was recorded on December 15, dropping to 0.5400.

This high-to-low spread represents a total annual volatility of 0.0697 VEF. From a start-to-finish perspective, comparing the January average rate of 0.5799 to the December average rate of 0.5490, the exchange rate registered a net change of -5.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6098 was down 13.73% compared to the 2013 peak of 0.7068, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,049 VEF

2013 Average 3,017 VEF

Yearly Trough Low 2,700 VEF

Transaction Impact: A difference of 348.66 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6100

0.5435

JanuMarcMayJulySeptNove

SZL 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 0.5883, compared to 0.5732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.5883

H2 Avg (Jul–Dec) 0.5732

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0380 VEF (High: 0.5978 / Low: 0.5599). On the other end, August was the most stable month, with a tight range of 0.0100 VEF (High: 0.5956 / Low: 0.5856).

January Spread (Volatile) ±0.0380

August Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between February and May, 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 0.0189 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.6045) against the same month in 2013 (average: 0.6757), the exchange rate shifted by -0.0712 (-10.53%).

2014 Avg (May) 0.6045

2013 Avg (May) 0.6757

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5978	0.5599	0.5799
February	0.5862	0.5591	0.5730
March	0.5959	0.5781	0.5858
April	0.6038	0.5902	0.5964
May	0.6098	0.5979	0.6045
June	0.5981	0.5833	0.5902
July	0.5982	0.5839	0.5902
August	0.5956	0.5856	0.5899
September	0.5899	0.5586	0.5739
October	0.5776	0.5559	0.5682
November	0.5760	0.5593	0.5680
December	0.5714	0.5400	0.5490