What everyone else has said.
Flavours can deteriorate and lose their potency over time, but it tends to be a very slow process and some flavours deteriorate faster than others. I have some 5 year old blackcurrant flavour juice - the flavour is very faint, but it is still OK to vape so I've kept it. I also have some Apple/Berry flavoured juice from the same manufacturer, with a similar BBE date which still has a very strong flavour and doesn't appear to have deteriorated at all.
The nicotine can oxidise over time - this, as well as causing the juice to go darker will reduce the nicotine strength. Personally I wouldn't worry too much either of these aspects and vape it anyway unless it seems 'off'. The nicotine may have reduced but this reduction will be a slow process - just try it and see - if you usually vape 3mg and your juice only has 2.5, or 12mg and it has reduced to 10 you probably won't notice. i'd vape it and not worry about it, the worst thing that is likely to happen is you vape it a bit faster.
If the juice has gone cloudy or it has a 'peppery' taste I'd bin it, but if it looks OK - darker is fine, cloudy means it could have something unpleasant like mould growing in it - and it tastes ok I wouldn't worry.
As mentioned before - storing your juice in a dark cool place like the fridge will help preserve it as extremes of heat and light, or doing something dumb like leaving the caps off the bottles will age it quickly.