2014 VEF to IRR Historical Review

YEARLY HIGH

4294.3571 IRR

YEARLY LOW

3903.3994 IRR

YEARLY AVERAGE

4103.2072 IRR

2014 VEF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 4294.3571. Conversely, the yearly low was recorded on January 11, dropping to 3903.3994.

This high-to-low spread represents a total annual volatility of 390.9577 IRR. From a start-to-finish perspective, comparing the January average rate of 3933.7399 to the December average rate of 4260.4139, the exchange rate registered a net change of 8.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 4294.3571 was up 8.07% compared to the 2013 peak of 3973.5207, 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 21,471,785 IRR

2013 Average 14,935,125 IRR

Yearly Trough Low 19,516,997 IRR

Transaction Impact: A difference of 1,954,788.28 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

4293.0813

3901.0725

JanuMarcMayJulySeptNove

VEF to IRR 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 3998.5662, compared to 4207.8482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 209.2820 points.

H1 Avg (Jan–Jun) 3998.5662

H2 Avg (Jul–Dec) 4207.8482

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 92.6035 IRR (High: 4162.3185 / Low: 4069.7149). On the other end, February was the most stable month, with a tight range of 8.9232 IRR (High: 3952.8979 / Low: 3943.9748).

July Spread (Volatile) ±92.6035

February Spread (Stable) ±8.9232

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 4260.4139) against the same month in 2013 (average: 3936.4485), the exchange rate shifted by +323.9654 (+8.23%).

2014 Avg (December) 4260.4139

2013 Avg (December) 3936.4485

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3947.4492	3903.3994	3933.7399
February	3952.8979	3943.9748	3948.1661
March	4014.9435	3951.6569	3971.5535
April	4050.0867	4015.9571	4022.7918
May	4060.2196	4048.4638	4052.7602
June	4068.4493	4053.7018	4062.3857
July	4162.3185	4069.7149	4103.4118
August	4222.3953	4165.1764	4188.2863
September	4230.4266	4202.1601	4220.5889
October	4243.9814	4219.0845	4230.8708
November	4256.1240	4234.6750	4243.5176
December	4294.3571	4246.6468	4260.4139