2014 VEF to KES Historical Review

YEARLY HIGH

14.3662 KES

YEARLY LOW

13.5890 KES

YEARLY AVERAGE

13.9678 KES

2014 VEF to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 14.3662. Conversely, the yearly low was recorded on January 23, dropping to 13.5890.

This high-to-low spread represents a total annual volatility of 0.7772 KES. From a start-to-finish perspective, comparing the January average rate of 13.7099 to the December average rate of 14.3262, the exchange rate registered a net change of 4.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 14.3662 was down 29.61% compared to the 2013 peak of 20.4107, 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 71,831 KES

2013 Average 75,720 KES

Yearly Trough Low 67,945 KES

Transaction Impact: A difference of 3,885.98 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

14.3878

13.6483

JanuMarcMayJulySeptNove

VEF to KES 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 13.7954, compared to 14.1403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3449 points.

H1 Avg (Jan–Jun) 13.7954

H2 Avg (Jul–Dec) 14.1403

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.2389 KES (High: 13.8280 / Low: 13.5890). On the other end, July was the most stable month, with a tight range of 0.0479 KES (High: 13.9682 / Low: 13.9203).

January Spread (Volatile) ±0.2389

July Spread (Stable) ±0.0479

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: 14.3262) against the same month in 2013 (average: 13.7175), the exchange rate shifted by +0.6086 (+4.44%).

2014 Avg (December) 14.3262

2013 Avg (December) 13.7175

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.8280	13.5890	13.7099
February	13.7657	13.6673	13.7124
March	13.7897	13.7212	13.7511
April	13.8349	13.7307	13.7872
May	13.9717	13.7921	13.8926
June	13.9790	13.8903	13.9189
July	13.9682	13.9203	13.9455
August	14.0848	13.9500	14.0078
September	14.1799	14.0109	14.1042
October	14.2488	14.1100	14.1680
November	14.3400	14.2109	14.2901
December	14.3662	14.2778	14.3262