2014 ETB to GEL Historical Review

YEARLY HIGH

0.0930 GEL

YEARLY LOW

0.0873 GEL

YEARLY AVERAGE

0.0895 GEL

2014 ETB to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0930. Conversely, the yearly low was recorded on November 3, dropping to 0.0873.

This high-to-low spread represents a total annual volatility of 0.0057 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0920 to the December average rate of 0.0883, the exchange rate registered a net change of -3.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0930 was up 1.77% compared to the 2013 peak of 0.0914, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 465 GEL

2013 Average 445 GEL

Yearly Trough Low 436 GEL

Transaction Impact: A difference of 28.75 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0924

0.0874

JanuMarcMayJulySeptNove

ETB 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 0.0908, compared to 0.0883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0908

H2 Avg (Jul–Dec) 0.0883

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0037 GEL (High: 0.0910 / Low: 0.0873). On the other end, June was the most stable month, with a tight range of 0.0004 GEL (High: 0.0904 / Low: 0.0900).

December Spread (Volatile) ±0.0037

June Spread (Stable) ±0.0004

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 July and August, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 0.0911) against the same month in 2013 (average: 0.0900), the exchange rate shifted by +0.0011 (+1.22%).

2014 Avg (February) 0.0911

2013 Avg (February) 0.0900

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0927	0.0912	0.0920
February	0.0930	0.0904	0.0911
March	0.0915	0.0903	0.0907
April	0.0907	0.0902	0.0904
May	0.0908	0.0900	0.0903
June	0.0904	0.0900	0.0902
July	0.0900	0.0882	0.0892
August	0.0884	0.0876	0.0879
September	0.0882	0.0873	0.0879
October	0.0886	0.0874	0.0878
November	0.0899	0.0873	0.0883
December	0.0910	0.0873	0.0883