2014 VEF to BOB Historical Review

YEARLY HIGH

1.1037 BOB

YEARLY LOW

1.0920 BOB

YEARLY AVERAGE

1.0977 BOB

2014 VEF to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 1.1037. Conversely, the yearly low was recorded on December 12, dropping to 1.0920.

This high-to-low spread represents a total annual volatility of 0.0117 BOB. From a start-to-finish perspective, comparing the January average rate of 1.0986 to the December average rate of 1.0945, the exchange rate registered a net change of -0.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1037 was down 32.60% compared to the 2013 peak of 1.6376, 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 5,518 BOB

2013 Average 6,107 BOB

Yearly Trough Low 5,460 BOB

Transaction Impact: A difference of 58.36 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0990

1.0941

JanuMarcMayJulySeptNove

VEF to BOB 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 1.0982, compared to 1.0972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 1.0982

H2 Avg (Jul–Dec) 1.0972

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0103 BOB (High: 1.1037 / Low: 1.0934). On the other end, July was the most stable month, with a tight range of 0.0015 BOB (High: 1.0990 / Low: 1.0975).

September Spread (Volatile) ±0.0103

July Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between June and August, 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 0.0030 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 1.0976) against the same month in 2013 (average: 1.0978), the exchange rate shifted by -0.0002 (-0.02%).

2014 Avg (September) 1.0976

2013 Avg (September) 1.0978

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1020	1.0948	1.0986
February	1.1014	1.0953	1.0980
March	1.1011	1.0964	1.0986
April	1.1002	1.0971	1.0985
May	1.0997	1.0972	1.0982
June	1.0986	1.0954	1.0975
July	1.0990	1.0975	1.0982
August	1.1009	1.0969	1.0982
September	1.1037	1.0934	1.0976
October	1.1014	1.0941	1.0975
November	1.0997	1.0948	1.0975
December	1.0977	1.0920	1.0945