2014 VEF to AZN Historical Review

YEARLY HIGH

0.1249 AZN

YEARLY LOW

0.1239 AZN

YEARLY AVERAGE

0.1245 AZN

2014 VEF to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.1249. Conversely, the yearly low was recorded on December 31, dropping to 0.1239.

This high-to-low spread represents a total annual volatility of 0.0010 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1246 to the December average rate of 0.1242, the exchange rate registered a net change of -0.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1249 was down 31.68% compared to the 2013 peak of 0.1828, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 625 AZN

2013 Average 689 AZN

Yearly Trough Low 620 AZN

Transaction Impact: A difference of 4.97 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1247

0.1241

JanuMarcMayJulySeptNove

VEF to AZN 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 0.1246, compared to 0.1245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1246

H2 Avg (Jul–Dec) 0.1245

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0008 AZN (High: 0.1249 / Low: 0.1242). On the other end, January was the most stable month, with a tight range of 0.0001 AZN (High: 0.1247 / Low: 0.1246).

October Spread (Volatile) ±0.0008

January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.1245) against the same month in 2013 (average: 0.1246), the exchange rate shifted by -0.0001 (-0.09%).

2014 Avg (October) 0.1245

2013 Avg (October) 0.1246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1247	0.1246	0.1246
February	0.1247	0.1246	0.1246
March	0.1247	0.1246	0.1246
April	0.1247	0.1246	0.1246
May	0.1247	0.1246	0.1246
June	0.1247	0.1243	0.1246
July	0.1247	0.1245	0.1246
August	0.1247	0.1245	0.1246
September	0.1247	0.1240	0.1244
October	0.1249	0.1242	0.1245
November	0.1247	0.1243	0.1246
December	0.1245	0.1239	0.1242