2014 VUV to ALL Historical Review

YEARLY HIGH

1.1430 ALL

YEARLY LOW

1.0466 ALL

YEARLY AVERAGE

1.0947 ALL

2014 VUV to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VUV to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 1.1430. Conversely, the yearly low was recorded on March 12, dropping to 1.0466.

This high-to-low spread represents a total annual volatility of 0.0965 ALL. From a start-to-finish perspective, comparing the January average rate of 1.0707 to the December average rate of 1.1139, the exchange rate registered a net change of 4.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1430 was down 4.13% compared to the 2013 peak of 1.1923, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 VUV based on timing:

Yearly Peak High 5,715 ALL

2013 Average 5,632 ALL

Yearly Trough Low 5,233 ALL

Transaction Impact: A difference of 482.27 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1391

1.0493

JanuMarcMayJulySeptNove

VUV to ALL 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 1.0733, compared to 1.1161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0428 points.

H1 Avg (Jan–Jun) 1.0733

H2 Avg (Jul–Dec) 1.1161

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0468 ALL (High: 1.1403 / Low: 1.0935). On the other end, July was the most stable month, with a tight range of 0.0126 ALL (High: 1.1072 / Low: 1.0945).

December Spread (Volatile) ±0.0468

July Spread (Stable) ±0.0126

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0177 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 1.1316) against the same month in 2013 (average: 1.0942), the exchange rate shifted by +0.0374 (+3.42%).

2014 Avg (November) 1.1316

2013 Avg (November) 1.0942

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0821	1.0520	1.0707
February	1.0843	1.0528	1.0645
March	1.0791	1.0466	1.0568
April	1.0900	1.0628	1.0765
May	1.0924	1.0640	1.0809
June	1.0997	1.0714	1.0906
July	1.1072	1.0945	1.0999
August	1.1144	1.0992	1.1071
September	1.1422	1.1094	1.1298
October	1.1294	1.1008	1.1141
November	1.1430	1.1141	1.1316
December	1.1403	1.0935	1.1139