2014 GEL to ALL Historical Review

YEARLY HIGH

65.4344 ALL

YEARLY LOW

57.1165 ALL

YEARLY AVERAGE

59.9353 ALL

2014 GEL to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 65.4344. Conversely, the yearly low was recorded on May 6, dropping to 57.1165.

This high-to-low spread represents a total annual volatility of 8.3179 ALL. From a start-to-finish perspective, comparing the January average rate of 58.5502 to the December average rate of 63.8630, the exchange rate registered a net change of 9.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 65.4344 was down 2.79% compared to the 2013 peak of 67.3150, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 327,172 ALL

2013 Average 317,496 ALL

Yearly Trough Low 285,583 ALL

Transaction Impact: A difference of 41,589.34 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

64.4842

57.0305

JanuMarcMayJulySeptNove

GEL to ALL 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 58.1684, compared to 61.7021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5336 points.

H1 Avg (Jan–Jun) 58.1684

H2 Avg (Jul–Dec) 61.7021

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 3.9102 ALL (High: 65.4344 / Low: 61.5242). On the other end, March was the most stable month, with a tight range of 0.4376 ALL (High: 58.2343 / Low: 57.7968).

December Spread (Volatile) ±3.9102

March Spread (Stable) ±0.4376

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.6589 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.6589

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 63.8630) against the same month in 2013 (average: 59.0700), the exchange rate shifted by +4.7930 (+8.11%).

2014 Avg (December) 63.8630

2013 Avg (December) 59.0700

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	59.0674	57.9338	58.5502
February	59.2871	58.0527	58.6695
March	58.2343	57.7968	58.0106
April	58.1500	57.1821	57.6516
May	58.2311	57.1165	57.8293
June	58.6538	57.9652	58.2995
July	59.5268	58.1404	58.6974
August	60.7584	59.4151	59.9857
September	62.9961	60.6549	61.9675
October	63.5526	61.9235	62.5756
November	63.8018	62.2309	63.1233
December	65.4344	61.5242	63.8630