2014 VEF to HUF Historical Review

YEARLY HIGH

41.2834 HUF

YEARLY LOW

34.3197 HUF

YEARLY AVERAGE

36.9580 HUF

2014 VEF to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 41.2834. Conversely, the yearly low was recorded on January 1, dropping to 34.3197.

This high-to-low spread represents a total annual volatility of 6.9636 HUF. From a start-to-finish perspective, comparing the January average rate of 35.1896 to the December average rate of 40.0630, the exchange rate registered a net change of 13.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 41.2834 was down 25.30% compared to the 2013 peak of 55.2640, 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 206,417 HUF

2013 Average 196,469 HUF

Yearly Trough Low 171,599 HUF

Transaction Impact: A difference of 34,818.21 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

40.5503

34.7022

JanuMarcMayJulySeptNove

VEF to HUF 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 35.5684, compared to 38.3477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7793 points.

H1 Avg (Jan–Jun) 35.5684

H2 Avg (Jul–Dec) 38.3477

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 2.3650 HUF (High: 36.6848 / Low: 34.3197). On the other end, April was the most stable month, with a tight range of 0.5827 HUF (High: 35.6243 / Low: 35.0416).

January Spread (Volatile) ±2.3650

April Spread (Stable) ±0.5827

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4574 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4574

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 40.0630) against the same month in 2013 (average: 34.7717), the exchange rate shifted by +5.2913 (+15.22%).

2014 Avg (December) 40.0630

2013 Avg (December) 34.7717

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.6848	34.3197	35.1896
February	36.8785	35.7245	36.0728
March	36.1725	35.4947	35.8145
April	35.6243	35.0416	35.3571
May	35.4866	34.8347	35.2376
June	36.0780	35.2592	35.7391
July	37.1934	36.0935	36.3516
August	38.1275	37.0380	37.4507
September	39.0906	37.9940	38.5761
October	39.2702	38.0348	38.5533
November	39.6461	38.5949	39.0913
December	41.2834	39.0023	40.0630