2014 GEL to BIF Historical Review

YEARLY HIGH

895.7721 BIF

YEARLY LOW

849.7508 BIF

YEARLY AVERAGE

881.8901 BIF

2014 GEL to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 895.7721. Conversely, the yearly low was recorded on December 3, dropping to 849.7508.

This high-to-low spread represents a total annual volatility of 46.0213 BIF. From a start-to-finish perspective, comparing the January average rate of 878.6148 to the December average rate of 878.1823, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 895.7721 was down 7.02% compared to the 2013 peak of 963.4012, 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 4,478,860 BIF

2013 Average 4,654,960 BIF

Yearly Trough Low 4,248,754 BIF

Transaction Impact: A difference of 230,106.60 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

890.3531

873.6706

JanuMarcMayJulySeptNove

GEL to BIF 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 880.6309, compared to 883.1492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5183 points.

H1 Avg (Jan–Jun) 880.6309

H2 Avg (Jul–Dec) 883.1492

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 40.9469 BIF (High: 890.6976 / Low: 849.7508). On the other end, June was the most stable month, with a tight range of 7.4038 BIF (High: 878.8926 / Low: 871.4888).

December Spread (Volatile) ±40.9469

June Spread (Stable) ±7.4038

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 March and April, when the average rate fell by 6.3844 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.3844

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 886.9992) against the same month in 2013 (average: 926.4338), the exchange rate shifted by -39.4347 (-4.26%).

2014 Avg (October) 886.9992

2013 Avg (October) 926.4338

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	885.3870	871.7961	878.6148
February	893.5355	873.7923	884.8054
March	893.1032	882.1061	887.1098
April	885.0724	873.6812	880.7254
May	883.8094	872.9254	877.4692
June	878.8926	871.4888	875.0608
July	886.4845	873.0447	879.8507
August	893.2636	882.9408	888.9629
September	889.3626	879.7135	883.9469
October	895.7721	871.7912	886.9992
November	891.5787	863.5176	880.9533
December	890.6976	849.7508	878.1823