2014 VEF to SCR Historical Review

YEARLY HIGH

2.2653 SCR

YEARLY LOW

1.8947 SCR

YEARLY AVERAGE

2.0206 SCR

2014 VEF to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 2.2653. Conversely, the yearly low was recorded on April 28, dropping to 1.8947.

This high-to-low spread represents a total annual volatility of 0.3706 SCR. From a start-to-finish perspective, comparing the January average rate of 1.9183 to the December average rate of 2.2156, the exchange rate registered a net change of 15.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.2653 was down 25.99% compared to the 2013 peak of 3.0608, 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 11,326 SCR

2013 Average 10,657 SCR

Yearly Trough Low 9,474 SCR

Transaction Impact: A difference of 1,852.83 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.2872

1.8848

JanuMarcMayJulySeptNove

VEF to SCR 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 1.9305, compared to 2.1107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1802 points.

H1 Avg (Jan–Jun) 1.9305

H2 Avg (Jul–Dec) 2.1107

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.1701 SCR (High: 2.2540 / Low: 2.0839). On the other end, July was the most stable month, with a tight range of 0.0152 SCR (High: 1.9636 / Low: 1.9484).

October Spread (Volatile) ±0.1701

July Spread (Stable) ±0.0152

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0381 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0381

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 2.2537) against the same month in 2013 (average: 1.9161), the exchange rate shifted by +0.3375 (+17.62%).

2014 Avg (November) 2.2537

2013 Avg (November) 1.9161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9360	1.9092	1.9183
February	1.9473	1.9170	1.9285
March	1.9412	1.9071	1.9289
April	1.9546	1.8947	1.9195
May	1.9913	1.9028	1.9388
June	1.9637	1.9264	1.9488
July	1.9636	1.9484	1.9552
August	2.0643	1.9543	1.9987
September	2.0974	2.0566	2.0761
October	2.2540	2.0839	2.1648
November	2.2653	2.2447	2.2537
December	2.2565	2.1093	2.2156