2014 BHD to GEL Historical Review

YEARLY HIGH

4.8594 GEL

YEARLY LOW

4.6134 GEL

YEARLY AVERAGE

4.6693 GEL

2014 BHD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BHD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 4.8594. Conversely, the yearly low was recorded on August 25, dropping to 4.6134.

This high-to-low spread represents a total annual volatility of 0.2460 GEL. From a start-to-finish perspective, comparing the January average rate of 4.6764 to the December average rate of 4.7276, the exchange rate registered a net change of 1.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 4.8594 was up 4.76% compared to the 2013 peak of 4.6384, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,297 GEL

2013 Average 22,080 GEL

Yearly Trough Low 23,067 GEL

Transaction Impact: A difference of 1,229.88 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

4.7380

4.6127

JanuMarcMayJulySeptNove

BHD 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 4.6660, compared to 4.6726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 4.6660

H2 Avg (Jul–Dec) 4.6726

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.1793 GEL (High: 4.8594 / Low: 4.6801). On the other end, October was the most stable month, with a tight range of 0.0093 GEL (High: 4.6670 / Low: 4.6577).

December Spread (Volatile) ±0.1793

October Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0462 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 4.7276) against the same month in 2013 (average: 4.5966), the exchange rate shifted by +0.1310 (+2.85%).

2014 Avg (December) 4.7276

2013 Avg (December) 4.5966

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.7140	4.6360	4.6764
February	4.7073	4.6170	4.6498
March	4.6597	4.6205	4.6415
April	4.6880	4.6530	4.6642
May	4.6934	4.6591	4.6770
June	4.6925	4.6762	4.6868
July	4.6878	4.6250	4.6693
August	4.6346	4.6134	4.6232
September	4.6606	4.6268	4.6479
October	4.6670	4.6577	4.6630
November	4.7963	4.6578	4.7044
December	4.8594	4.6801	4.7276