2014 CVE to GEL Historical Review

YEARLY HIGH

0.0224 GEL

YEARLY LOW

0.0195 GEL

YEARLY AVERAGE

0.0213 GEL

2014 CVE to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CVE to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.0224. Conversely, the yearly low was recorded on December 31, dropping to 0.0195.

This high-to-low spread represents a total annual volatility of 0.0029 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0218 to the December average rate of 0.0200, the exchange rate registered a net change of -8.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0224 was up 2.05% compared to the 2013 peak of 0.0219, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 112 GEL

2013 Average 100 GEL

Yearly Trough Low 97 GEL

Transaction Impact: A difference of 14.47 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0223

0.0198

JanuMarcMayJulySeptNove

CVE 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 0.0220, compared to 0.0206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0220

H2 Avg (Jul–Dec) 0.0206

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0012 GEL (High: 0.0207 / Low: 0.0195). On the other end, June was the most stable month, with a tight range of 0.0003 GEL (High: 0.0220 / Low: 0.0217).

December Spread (Volatile) ±0.0012

June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0221) against the same month in 2013 (average: 0.0193), the exchange rate shifted by +0.0027 (+14.16%).

2014 Avg (May) 0.0221

2013 Avg (May) 0.0193

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0221	0.0216	0.0218
February	0.0220	0.0216	0.0218
March	0.0222	0.0218	0.0221
April	0.0223	0.0219	0.0221
May	0.0224	0.0219	0.0221
June	0.0220	0.0217	0.0219
July	0.0220	0.0213	0.0217
August	0.0214	0.0209	0.0212
September	0.0209	0.0202	0.0206
October	0.0205	0.0200	0.0203
November	0.0205	0.0199	0.0201
December	0.0207	0.0195	0.0200