2014 WST to VEF Historical Review

YEARLY HIGH

2.7779 VEF

YEARLY LOW

2.5749 VEF

YEARLY AVERAGE

2.6976 VEF

2014 WST to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the WST to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 2.7779. Conversely, the yearly low was recorded on November 9, dropping to 2.5749.

This high-to-low spread represents a total annual volatility of 0.2030 VEF. From a start-to-finish perspective, comparing the January average rate of 2.6997 to the December average rate of 2.6288, the exchange rate registered a net change of -2.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.7779 was down 0.49% compared to the 2013 peak of 2.7915, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,889 VEF

2013 Average 12,609 VEF

Yearly Trough Low 12,874 VEF

Transaction Impact: A difference of 1,015.01 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.7632

2.6094

JanuMarcMayJulySeptNove

WST to VEF 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 2.7207, compared to 2.6745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0462 points.

H1 Avg (Jan–Jun) 2.7207

H2 Avg (Jul–Dec) 2.6745

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1059 VEF (High: 2.7336 / Low: 2.6278). On the other end, December was the most stable month, with a tight range of 0.0202 VEF (High: 2.6414 / Low: 2.6212).

September Spread (Volatile) ±0.1059

December Spread (Stable) ±0.0202

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0407 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0407

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 2.7504) against the same month in 2013 (average: 2.7334), the exchange rate shifted by +0.0170 (+0.62%).

2014 Avg (May) 2.7504

2013 Avg (May) 2.7334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7127	2.6792	2.6997
February	2.7045	2.6810	2.6914
March	2.7378	2.6922	2.7097
April	2.7548	2.7257	2.7384
May	2.7779	2.7176	2.7504
June	2.7585	2.7120	2.7344
July	2.7708	2.7172	2.7406
August	2.7303	2.7088	2.7223
September	2.7336	2.6278	2.6868
October	2.6670	2.6228	2.6462
November	2.6414	2.5749	2.6223
December	2.6414	2.6212	2.6288