2014 ARS to GEL Historical Review

YEARLY HIGH

0.2682 GEL

YEARLY LOW

0.2058 GEL

YEARLY AVERAGE

0.2177 GEL

2014 ARS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ARS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2682. Conversely, the yearly low was recorded on November 6, dropping to 0.2058.

This high-to-low spread represents a total annual volatility of 0.0624 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2537 to the December average rate of 0.2086, the exchange rate registered a net change of -17.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2682 was down 20.43% compared to the 2013 peak of 0.3371, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,341 GEL

2013 Average 1,527 GEL

Yearly Trough Low 1,029 GEL

Transaction Impact: A difference of 312.01 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2583

0.2028

JanuMarcMayJulySeptNove

ARS to GEL 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 0.2257, compared to 0.2097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0160 points.

H1 Avg (Jan–Jun) 0.2257

H2 Avg (Jul–Dec) 0.2097

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0468 GEL (High: 0.2682 / Low: 0.2214). On the other end, September was the most stable month, with a tight range of 0.0014 GEL (High: 0.2087 / Low: 0.2074).

January Spread (Volatile) ±0.0468

September Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between October and December, 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 January and February, when the average rate fell by 0.0306 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.2537) against the same month in 2013 (average: 0.3352), the exchange rate shifted by -0.0815 (-24.32%).

2014 Avg (January) 0.2537

2013 Avg (January) 0.3352

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2682	0.2214	0.2537
February	0.2244	0.2213	0.2230
March	0.2223	0.2191	0.2208
April	0.2209	0.2192	0.2198
May	0.2207	0.2179	0.2194
June	0.2189	0.2169	0.2175
July	0.2171	0.2125	0.2159
August	0.2124	0.2072	0.2097
September	0.2087	0.2074	0.2082
October	0.2084	0.2063	0.2074
November	0.2121	0.2058	0.2084
December	0.2146	0.2064	0.2086