2014 VEF to NAD Historical Review

YEARLY HIGH

1.8512 NAD

YEARLY LOW

1.6395 NAD

YEARLY AVERAGE

1.7232 NAD

2014 VEF to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.8512. Conversely, the yearly low was recorded on May 24, dropping to 1.6395.

This high-to-low spread represents a total annual volatility of 0.2118 NAD. From a start-to-finish perspective, comparing the January average rate of 1.7256 to the December average rate of 1.8213, 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 1.8512 was down 14.57% compared to the 2013 peak of 2.1670, 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 9,256 NAD

2013 Average 8,416 NAD

Yearly Trough Low 8,197 NAD

Transaction Impact: A difference of 1,058.78 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.8380

1.6378

JanuMarcMayJulySeptNove

VEF to NAD 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 1.7005, compared to 1.7459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0454 points.

H1 Avg (Jan–Jun) 1.7005

H2 Avg (Jul–Dec) 1.7459

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.1092 NAD (High: 1.7819 / Low: 1.6727). On the other end, August was the most stable month, with a tight range of 0.0288 NAD (High: 1.7079 / Low: 1.6791).

January Spread (Volatile) ±0.1092

August Spread (Stable) ±0.0288

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 0.0382 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.8213) against the same month in 2013 (average: 1.6478), the exchange rate shifted by +0.1735 (+10.53%).

2014 Avg (December) 1.8213

2013 Avg (December) 1.6478

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7819	1.6727	1.7256
February	1.7841	1.7043	1.7451
March	1.7290	1.6772	1.7070
April	1.6939	1.6567	1.6765
May	1.6719	1.6395	1.6544
June	1.7154	1.6761	1.6943
July	1.7122	1.6714	1.6942
August	1.7079	1.6791	1.6947
September	1.7892	1.6952	1.7431
October	1.7973	1.7308	1.7607
November	1.7913	1.7358	1.7613
December	1.8512	1.7497	1.8213