2014 BZD to GEL Historical Review

YEARLY HIGH

0.9168 GEL

YEARLY LOW

0.8700 GEL

YEARLY AVERAGE

0.8809 GEL

2014 BZD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BZD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.9168. Conversely, the yearly low was recorded on April 20, dropping to 0.8700.

This high-to-low spread represents a total annual volatility of 0.0468 GEL. From a start-to-finish perspective, comparing the January average rate of 0.8841 to the December average rate of 0.8919, the exchange rate registered a net change of 0.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9168 was up 4.49% compared to the 2013 peak of 0.8774, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,584 GEL

2013 Average 4,169 GEL

Yearly Trough Low 4,350 GEL

Transaction Impact: A difference of 234.11 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.8939

0.8706

JanuMarcMayJulySeptNove

BZD 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 0.8800, compared to 0.8818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.8800

H2 Avg (Jul–Dec) 0.8818

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0342 GEL (High: 0.9168 / Low: 0.8826). On the other end, June was the most stable month, with a tight range of 0.0047 GEL (High: 0.8869 / Low: 0.8821).

December Spread (Volatile) ±0.0342

June Spread (Stable) ±0.0047

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 0.0083 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.8919) against the same month in 2013 (average: 0.8690), the exchange rate shifted by +0.0229 (+2.64%).

2014 Avg (December) 0.8919

2013 Avg (December) 0.8690

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8944	0.8756	0.8841
February	0.8894	0.8733	0.8806
March	0.8839	0.8718	0.8793
April	0.8795	0.8700	0.8733
May	0.8855	0.8723	0.8778
June	0.8869	0.8821	0.8847
July	0.8846	0.8726	0.8809
August	0.8760	0.8706	0.8726
September	0.8815	0.8708	0.8772
October	0.8893	0.8761	0.8802
November	0.9055	0.8765	0.8878
December	0.9168	0.8826	0.8919