2014 VEF to LSL Historical Review

YEARLY HIGH

1.8516 LSL

YEARLY LOW

1.6391 LSL

YEARLY AVERAGE

1.7230 LSL

2014 VEF to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.8516. Conversely, the yearly low was recorded on May 14, dropping to 1.6391.

This high-to-low spread represents a total annual volatility of 0.2125 LSL. From a start-to-finish perspective, comparing the January average rate of 1.7256 to the December average rate of 1.8212, the exchange rate registered a net change of 5.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.8516 was down 14.53% compared to the 2013 peak of 2.1663, 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 9,258 LSL

2013 Average 8,416 LSL

Yearly Trough Low 8,195 LSL

Transaction Impact: A difference of 1,062.33 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.8379

1.6375

JanuMarcMayJulySeptNove

VEF to LSL 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 1.7004, compared to 1.7456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0452 points.

H1 Avg (Jan–Jun) 1.7004

H2 Avg (Jul–Dec) 1.7456

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1129 LSL (High: 1.7835 / Low: 1.6707). On the other end, August was the most stable month, with a tight range of 0.0303 LSL (High: 1.7096 / Low: 1.6793).

January Spread (Volatile) ±0.1129

August Spread (Stable) ±0.0303

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0378 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.8212) against the same month in 2013 (average: 1.6473), the exchange rate shifted by +0.1739 (+10.56%).

2014 Avg (December) 1.8212

2013 Avg (December) 1.6473

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7835	1.6707	1.7256
February	1.7860	1.7052	1.7447
March	1.7291	1.6772	1.7069
April	1.6944	1.6571	1.6766
May	1.6724	1.6391	1.6542
June	1.7147	1.6761	1.6941
July	1.7120	1.6668	1.6932
August	1.7096	1.6793	1.6944
September	1.7895	1.6940	1.7427
October	1.8003	1.7290	1.7600
November	1.7909	1.7365	1.7619
December	1.8516	1.7493	1.8212