2014 VEF to NIO Historical Review

YEARLY HIGH

4.2357 NIO

YEARLY LOW

4.0103 NIO

YEARLY AVERAGE

4.1258 NIO

2014 VEF to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 4.2357. Conversely, the yearly low was recorded on January 12, dropping to 4.0103.

This high-to-low spread represents a total annual volatility of 0.2254 NIO. From a start-to-finish perspective, comparing the January average rate of 4.0383 to the December average rate of 4.1978, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 4.2357 was down 26.33% compared to the 2013 peak of 5.7497, 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 21,178 NIO

2013 Average 21,658 NIO

Yearly Trough Low 20,051 NIO

Transaction Impact: A difference of 1,127.03 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

4.2382

4.0202

JanuMarcMayJulySeptNove

VEF to NIO 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 4.0750, compared to 4.1765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1015 points.

H1 Avg (Jan–Jun) 4.0750

H2 Avg (Jul–Dec) 4.1765

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0904 NIO (High: 4.2341 / Low: 4.1437). On the other end, July was the most stable month, with a tight range of 0.0100 NIO (High: 4.1387 / Low: 4.1287).

October Spread (Volatile) ±0.0904

July Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0222 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0222

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 4.2200) against the same month in 2013 (average: 3.9638), the exchange rate shifted by +0.2563 (+6.46%).

2014 Avg (November) 4.2200

2013 Avg (November) 3.9638

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.0676	4.0103	4.0383
February	4.0761	4.0271	4.0492
March	4.0894	4.0362	4.0612
April	4.0955	4.0812	4.0885
May	4.1050	4.0899	4.0966
June	4.1312	4.0932	4.1163
July	4.1387	4.1287	4.1336
August	4.1679	4.1327	4.1452
September	4.1832	4.0940	4.1606
October	4.2341	4.1437	4.2020
November	4.2357	4.2066	4.2200
December	4.2228	4.1816	4.1978