2014 GEL to BRL Historical Review

YEARLY HIGH

1.5273 BRL

YEARLY LOW

1.2432 BRL

YEARLY AVERAGE

1.3367 BRL

2014 GEL to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.5273. Conversely, the yearly low was recorded on June 28, dropping to 1.2432.

This high-to-low spread represents a total annual volatility of 0.2842 BRL. From a start-to-finish perspective, comparing the January average rate of 1.3492 to the December average rate of 1.4846, the exchange rate registered a net change of 10.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.5273 was up 4.23% compared to the 2013 peak of 1.4653, 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 7,637 BRL

2013 Average 6,483 BRL

Yearly Trough Low 6,216 BRL

Transaction Impact: A difference of 1,420.77 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.5071

1.2371

JanuMarcMayJulySeptNove

GEL to BRL 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 1.3051, compared to 1.3684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0633 points.

H1 Avg (Jan–Jun) 1.3051

H2 Avg (Jul–Dec) 1.3684

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.1309 BRL (High: 1.5273 / Low: 1.3964). On the other end, May was the most stable month, with a tight range of 0.0146 BRL (High: 1.2682 / Low: 1.2536).

December Spread (Volatile) ±0.1309

May Spread (Stable) ±0.0146

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0598 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0598

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.4846) against the same month in 2013 (average: 1.3546), the exchange rate shifted by +0.1301 (+9.60%).

2014 Avg (December) 1.4846

2013 Avg (December) 1.3546

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3722	1.3247	1.3492
February	1.3901	1.3265	1.3591
March	1.3541	1.2885	1.3294
April	1.2967	1.2506	1.2695
May	1.2682	1.2536	1.2596
June	1.2885	1.2432	1.2636
July	1.2954	1.2484	1.2632
August	1.3152	1.2807	1.3001
September	1.3919	1.2788	1.3325
October	1.4262	1.3575	1.3932
November	1.4791	1.3926	1.4365
December	1.5273	1.3964	1.4846