2014 TJS to VEF Historical Review

YEARLY HIGH

1.3185 VEF

YEARLY LOW

1.2126 VEF

YEARLY AVERAGE

1.2777 VEF

2014 TJS to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TJS to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 1.3185. Conversely, the yearly low was recorded on December 29, dropping to 1.2126.

This high-to-low spread represents a total annual volatility of 0.1059 VEF. From a start-to-finish perspective, comparing the January average rate of 1.3176 to the December average rate of 1.2263, the exchange rate registered a net change of -6.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3185 was down 0.46% compared to the 2013 peak of 1.3245, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,593 VEF

2013 Average 6,126 VEF

Yearly Trough Low 6,063 VEF

Transaction Impact: A difference of 529.41 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3268

1.2172

JanuMarcMayJulySeptNove

TJS 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 1.3003, compared to 1.2551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0452 points.

H1 Avg (Jan–Jun) 1.3003

H2 Avg (Jul–Dec) 1.2551

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0277 VEF (High: 1.2403 / Low: 1.2126). On the other end, February was the most stable month, with a tight range of 0.0021 VEF (High: 1.3113 / Low: 1.3092).

December Spread (Volatile) ±0.0277

February Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0189 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.3176) against the same month in 2013 (average: 0.9016), the exchange rate shifted by +0.4160 (+46.14%).

2014 Avg (January) 1.3176

2013 Avg (January) 0.9016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3185	1.3120	1.3176
February	1.3113	1.3092	1.3104
March	1.3111	1.3080	1.3098
April	1.3057	1.2851	1.3016
May	1.2876	1.2752	1.2827
June	1.2851	1.2740	1.2796
July	1.2789	1.2679	1.2724
August	1.2684	1.2621	1.2643
September	1.2724	1.2599	1.2638
October	1.2639	1.2558	1.2604
November	1.2586	1.2365	1.2434
December	1.2403	1.2126	1.2263