2014 VEF to PEN Historical Review

YEARLY HIGH

0.4737 PEN

YEARLY LOW

0.4393 PEN

YEARLY AVERAGE

0.4509 PEN

2014 VEF to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4737. Conversely, the yearly low was recorded on May 31, dropping to 0.4393.

This high-to-low spread represents a total annual volatility of 0.0344 PEN. From a start-to-finish perspective, comparing the January average rate of 0.4465 to the December average rate of 0.4692, the exchange rate registered a net change of 5.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4737 was down 22.35% compared to the 2013 peak of 0.6100, 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 2,368 PEN

2013 Average 2,364 PEN

Yearly Trough Low 2,197 PEN

Transaction Impact: A difference of 171.82 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4719

0.4401

JanuMarcMayJulySeptNove

VEF to PEN 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 0.4451, compared to 0.4567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.4451

H2 Avg (Jul–Dec) 0.4567

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0093 PEN (High: 0.4737 / Low: 0.4644). On the other end, March was the most stable month, with a tight range of 0.0028 PEN (High: 0.4473 / Low: 0.4445).

December Spread (Volatile) ±0.0093

March Spread (Stable) ±0.0028

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 March and April, when the average rate fell by 0.0023 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.4692) against the same month in 2013 (average: 0.4428), the exchange rate shifted by +0.0264 (+5.97%).

2014 Avg (December) 0.4692

2013 Avg (December) 0.4428

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4488	0.4440	0.4465
February	0.4493	0.4453	0.4472
March	0.4473	0.4445	0.4460
April	0.4471	0.4405	0.4437
May	0.4463	0.4393	0.4434
June	0.4457	0.4397	0.4438
July	0.4444	0.4409	0.4427
August	0.4528	0.4437	0.4472
September	0.4599	0.4515	0.4549
October	0.4637	0.4588	0.4614
November	0.4665	0.4623	0.4646
December	0.4737	0.4644	0.4692