2014 VEF to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 VEF to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the VEF to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 167.0534. Conversely, the yearly low was recorded on March 18, dropping to 152.5930.
This high-to-low spread represents a total annual volatility of 14.4604 MMK. From a start-to-finish perspective, comparing the January average rate of 156.6041 to the December average rate of 163.2362, the exchange rate registered a net change of 4.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 167.0534 was down 18.97% compared to the 2013 peak of 206.1510, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
VEF to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 154.5825, compared to 158.1763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5939 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 7.9319 MMK (High: 167.0534 / Low: 159.1215). On the other end, April was the most stable month, with a tight range of 0.5246 MMK (High: 153.1626 / Low: 152.6381).
Growth Streaks & Declines
TrendsBetween August and December, 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 February and March, when the average rate fell by 2.3965 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 163.1957) against the same month in 2013 (average: 154.9131), the exchange rate shifted by +8.2826 (+5.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 157.0287 | 156.2712 | 156.6041 |
| February | 157.0008 | 155.9349 | 156.3974 |
| March | 156.0344 | 152.5930 | 154.0009 |
| April | 153.1626 | 152.6381 | 152.8965 |
| May | 153.7139 | 152.6696 | 153.1533 |
| June | 155.4338 | 153.6413 | 154.4426 |
| July | 155.1154 | 154.2834 | 154.6070 |
| August | 154.7749 | 154.1507 | 154.4562 |
| September | 157.8182 | 153.6617 | 155.7337 |
| October | 159.3741 | 156.7392 | 157.8292 |
| November | 167.0534 | 159.1215 | 163.1957 |
| December | 164.3242 | 162.4737 | 163.2362 |