2014 VUV to CVE Historical Review

YEARLY HIGH

0.8989 CVE

YEARLY LOW

0.8169 CVE

YEARLY AVERAGE

0.8587 CVE

2014 VUV to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the VUV to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.8989. Conversely, the yearly low was recorded on March 14, dropping to 0.8169.

This high-to-low spread represents a total annual volatility of 0.0820 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8375 to the December average rate of 0.8737, the exchange rate registered a net change of 4.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.8989 was down 4.49% compared to the 2013 peak of 0.9412, 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 4,495 CVE

2013 Average 4,420 CVE

Yearly Trough Low 4,085 CVE

Transaction Impact: A difference of 410.01 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8962

0.8197

JanuMarcMayJulySeptNove

VUV to CVE 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 0.8403, compared to 0.8771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0368 points.

H1 Avg (Jan–Jun) 0.8403

H2 Avg (Jul–Dec) 0.8771

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0364 CVE (High: 0.8935 / Low: 0.8570). On the other end, November was the most stable month, with a tight range of 0.0151 CVE (High: 0.8941 / Low: 0.8790).

December Spread (Volatile) ±0.0364

November Spread (Stable) ±0.0151

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 0.0162 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.8870) against the same month in 2013 (average: 0.8512), the exchange rate shifted by +0.0358 (+4.21%).

2014 Avg (September) 0.8870

2013 Avg (September) 0.8512

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8448	0.8224	0.8375
February	0.8471	0.8235	0.8318
March	0.8452	0.8169	0.8261
April	0.8544	0.8343	0.8443
May	0.8562	0.8328	0.8471
June	0.8615	0.8396	0.8548
July	0.8737	0.8554	0.8623
August	0.8775	0.8622	0.8721
September	0.8989	0.8732	0.8870
October	0.8889	0.8691	0.8776
November	0.8941	0.8790	0.8898
December	0.8935	0.8570	0.8737