2014 VEF to SVC Historical Review

YEARLY HIGH

1.3975 SVC

YEARLY LOW

1.3814 SVC

YEARLY AVERAGE

1.3899 SVC

2014 VEF to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VEF to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 1.3975. Conversely, the yearly low was recorded on December 12, dropping to 1.3814.

This high-to-low spread represents a total annual volatility of 0.0161 SVC. From a start-to-finish perspective, comparing the January average rate of 1.3909 to the December average rate of 1.3869, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3975 was down 31.81% compared to the 2013 peak of 2.0494, 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 6,988 SVC

2013 Average 7,686 SVC

Yearly Trough Low 6,907 SVC

Transaction Impact: A difference of 80.45 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3914

1.3864

JanuMarcMayJulySeptNove

VEF to SVC 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 1.3903, compared to 1.3895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 1.3903

H2 Avg (Jul–Dec) 1.3895

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0135 SVC (High: 1.3959 / Low: 1.3824). On the other end, July was the most stable month, with a tight range of 0.0019 SVC (High: 1.3915 / Low: 1.3896).

October Spread (Volatile) ±0.0135

July Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 1.3904) against the same month in 2013 (average: 1.3898), the exchange rate shifted by +0.0006 (+0.04%).

2014 Avg (September) 1.3904

2013 Avg (September) 1.3898

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3940	1.3862	1.3909
February	1.3959	1.3865	1.3900
March	1.3922	1.3875	1.3901
April	1.3933	1.3891	1.3908
May	1.3925	1.3877	1.3903
June	1.3911	1.3870	1.3897
July	1.3915	1.3896	1.3904
August	1.3956	1.3886	1.3910
September	1.3975	1.3845	1.3904
October	1.3959	1.3824	1.3896
November	1.3944	1.3844	1.3890
December	1.3918	1.3814	1.3869