2014 GEL to BBD Historical Review

YEARLY HIGH

1.1489 BBD

YEARLY LOW

1.0916 BBD

YEARLY AVERAGE

1.1362 BBD

2014 GEL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 1.1489. Conversely, the yearly low was recorded on December 3, dropping to 1.0916.

This high-to-low spread represents a total annual volatility of 0.0573 BBD. From a start-to-finish perspective, comparing the January average rate of 1.1345 to the December average rate of 1.1222, the exchange rate registered a net change of -1.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1489 was down 6.16% compared to the 2013 peak of 1.2244, 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 5,745 BBD

2013 Average 6,008 BBD

Yearly Trough Low 5,458 BBD

Transaction Impact: A difference of 286.65 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1498

1.1197

JanuMarcMayJulySeptNove

GEL to BBD 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 1.1369, compared to 1.1354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 1.1369

H2 Avg (Jul–Dec) 1.1354

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0412 BBD (High: 1.1328 / Low: 1.0916). On the other end, October was the most stable month, with a tight range of 0.0022 BBD (High: 1.1388 / Low: 1.1366).

December Spread (Volatile) ±0.0412

October Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0098 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 1.1409) against the same month in 2013 (average: 1.2079), the exchange rate shifted by -0.0670 (-5.54%).

2014 Avg (February) 1.1409

2013 Avg (February) 1.2079

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1442	1.1253	1.1345
February	1.1489	1.1270	1.1409
March	1.1482	1.1384	1.1429
April	1.1402	1.1314	1.1372
May	1.1385	1.1305	1.1343
June	1.1345	1.1304	1.1318
July	1.1469	1.1317	1.1361
August	1.1489	1.1445	1.1473
September	1.1456	1.1378	1.1412
October	1.1388	1.1366	1.1376
November	1.1385	1.1062	1.1278
December	1.1328	1.0916	1.1222