2014 FKP to GEL Historical Review

YEARLY HIGH

3.0324 GEL

YEARLY LOW

2.7397 GEL

YEARLY AVERAGE

2.8999 GEL

2014 FKP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FKP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 3.0324. Conversely, the yearly low was recorded on December 23, dropping to 2.7397.

This high-to-low spread represents a total annual volatility of 0.2927 GEL. From a start-to-finish perspective, comparing the January average rate of 2.9028 to the December average rate of 2.7860, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.0324 was up 4.76% compared to the 2013 peak of 2.8947, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,162 GEL

2013 Average 13,028 GEL

Yearly Trough Low 13,699 GEL

Transaction Impact: A difference of 1,463.30 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.0270

2.7641

JanuMarcMayJulySeptNove

FKP 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 2.9366, compared to 2.8632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0734 points.

H1 Avg (Jan–Jun) 2.9366

H2 Avg (Jul–Dec) 2.8632

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.1331 GEL (High: 2.8728 / Low: 2.7397). On the other end, May was the most stable month, with a tight range of 0.0394 GEL (High: 2.9923 / Low: 2.9529).

December Spread (Volatile) ±0.1331

May Spread (Stable) ±0.0394

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0946 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0946

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 3.0051) against the same month in 2013 (average: 2.5116), the exchange rate shifted by +0.4935 (+19.65%).

2014 Avg (July) 3.0051

2013 Avg (July) 2.5116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9569	2.8706	2.9028
February	2.9346	2.8710	2.9035
March	2.9342	2.8866	2.9093
April	2.9827	2.9079	2.9444
May	2.9923	2.9529	2.9693
June	3.0206	2.9549	2.9901
July	3.0324	2.9446	3.0051
August	2.9450	2.8813	2.9105
September	2.8999	2.8201	2.8557
October	2.8458	2.7945	2.8251
November	2.8447	2.7577	2.7968
December	2.8728	2.7397	2.7860