2014 VEF to JMD Historical Review

YEARLY HIGH

18.1264 JMD

YEARLY LOW

16.8369 JMD

YEARLY AVERAGE

17.6130 JMD

2014 VEF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 18.1264. Conversely, the yearly low was recorded on January 12, dropping to 16.8369.

This high-to-low spread represents a total annual volatility of 1.2895 JMD. From a start-to-finish perspective, comparing the January average rate of 16.9088 to the December average rate of 18.0466, the exchange rate registered a net change of 6.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 18.1264 was down 20.15% compared to the 2013 peak of 22.7008, 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 90,632 JMD

2013 Average 87,202 JMD

Yearly Trough Low 84,185 JMD

Transaction Impact: A difference of 6,447.45 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

18.1604

16.7950

JanuMarcMayJulySeptNove

VEF to JMD 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 17.3203, compared to 17.9056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5853 points.

H1 Avg (Jan–Jun) 17.3203

H2 Avg (Jul–Dec) 17.9056

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.2371 JMD (High: 17.3857 / Low: 17.1486). On the other end, August was the most stable month, with a tight range of 0.0790 JMD (High: 17.9343 / Low: 17.8553).

March Spread (Volatile) ±0.2371

August Spread (Stable) ±0.0790

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0172 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 18.0466) against the same month in 2013 (average: 16.6077), the exchange rate shifted by +1.4389 (+8.66%).

2014 Avg (December) 18.0466

2013 Avg (December) 16.6077

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.0469	16.8369	16.9088
February	17.1631	17.0126	17.0863
March	17.3857	17.1486	17.2785
April	17.4564	17.3536	17.4115
May	17.6424	17.4337	17.5597
June	17.7535	17.5928	17.6774
July	17.9071	17.7521	17.8491
August	17.9343	17.8553	17.8850
September	17.9293	17.8124	17.8734
October	17.9266	17.8016	17.8563
November	18.0146	17.8450	17.9234
December	18.1264	17.9362	18.0466