2014 VEF to EGP Historical Review

YEARLY HIGH

1.1408 EGP

YEARLY LOW

1.1047 EGP

YEARLY AVERAGE

1.1252 EGP

2014 VEF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 1.1408. Conversely, the yearly low was recorded on January 1, dropping to 1.1047.

This high-to-low spread represents a total annual volatility of 0.0361 EGP. From a start-to-finish perspective, comparing the January average rate of 1.1063 to the December average rate of 1.1325, the exchange rate registered a net change of 2.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1408 was down 28.10% compared to the 2013 peak of 1.5867, 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 5,704 EGP

2013 Average 6,024 EGP

Yearly Trough Low 5,524 EGP

Transaction Impact: A difference of 180.50 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1394

1.1033

JanuMarcMayJulySeptNove

VEF to EGP 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 1.1152, compared to 1.1353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0200 points.

H1 Avg (Jan–Jun) 1.1152

H2 Avg (Jul–Dec) 1.1353

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0233 EGP (High: 1.1365 / Low: 1.1132). On the other end, March was the most stable month, with a tight range of 0.0015 EGP (High: 1.1074 / Low: 1.1059).

May Spread (Volatile) ±0.0233

March Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between March and June, 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 0.0033 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 1.1357) against the same month in 2013 (average: 1.0951), the exchange rate shifted by +0.0407 (+3.71%).

2014 Avg (October) 1.1357

2013 Avg (October) 1.0951

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1085	1.1047	1.1063
February	1.1093	1.1059	1.1065
March	1.1074	1.1059	1.1064
April	1.1131	1.1071	1.1100
May	1.1365	1.1132	1.1261
June	1.1367	1.1340	1.1360
July	1.1367	1.1308	1.1359
August	1.1375	1.1356	1.1364
September	1.1372	1.1306	1.1352
October	1.1408	1.1324	1.1357
November	1.1400	1.1330	1.1358
December	1.1368	1.1306	1.1325