2014 VEF to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 VEF to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the VEF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 249.6984. Conversely, the yearly low was recorded on October 4, dropping to 243.2603.
This high-to-low spread represents a total annual volatility of 6.4381 BIF. From a start-to-finish perspective, comparing the January average rate of 246.1574 to the December average rate of 247.8683, the exchange rate registered a net change of 0.70% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 249.6984 was down 32.21% compared to the 2013 peak of 368.3402, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
VEF to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 246.1721, compared to 246.9866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8146 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was October, with a trading range of 6.4381 BIF (High: 249.6984 / Low: 243.2603). On the other end, April was the most stable month, with a tight range of 1.7462 BIF (High: 246.9703 / Low: 245.2241).
Growth Streaks & Declines
TrendsBetween January and March, 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 March and April, when the average rate fell by 0.5541 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2014: 247.6167) against the same month in 2013 (average: 245.1393), the exchange rate shifted by +2.4774 (+1.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 247.2571 | 244.8251 | 246.1574 |
| February | 247.3366 | 244.2214 | 246.5055 |
| March | 247.3141 | 245.4937 | 246.6973 |
| April | 246.9703 | 245.2241 | 246.1431 |
| May | 247.0692 | 245.0444 | 245.8704 |
| June | 247.0908 | 244.8615 | 245.6586 |
| July | 247.3402 | 244.0733 | 246.1238 |
| August | 247.2532 | 244.9810 | 246.2632 |
| September | 247.4245 | 243.8681 | 245.8787 |
| October | 249.6984 | 243.2603 | 247.6167 |
| November | 248.9359 | 247.1034 | 248.1692 |
| December | 249.6245 | 245.8934 | 247.8683 |