2014 GEL to BTN Historical Review

YEARLY HIGH

36.0643 BTN

YEARLY LOW

33.0467 BTN

YEARLY AVERAGE

34.6672 BTN

2014 GEL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 36.0643. Conversely, the yearly low was recorded on May 24, dropping to 33.0467.

This high-to-low spread represents a total annual volatility of 3.0176 BTN. From a start-to-finish perspective, comparing the January average rate of 35.2117 to the December average rate of 35.2234, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 36.0643 was down 11.52% compared to the 2013 peak of 40.7605, 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 180,322 BTN

2013 Average 175,822 BTN

Yearly Trough Low 165,234 BTN

Transaction Impact: A difference of 15,088.09 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

35.6851

33.4807

JanuMarcMayJulySeptNove

GEL to BTN 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 34.5564, compared to 34.7780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2216 points.

H1 Avg (Jan–Jun) 34.5564

H2 Avg (Jul–Dec) 34.7780

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 2.2894 BTN (High: 36.0643 / Low: 33.7749). On the other end, October was the most stable month, with a tight range of 0.3447 BTN (High: 35.1105 / Low: 34.7658).

December Spread (Volatile) ±2.2894

October Spread (Stable) ±0.3447

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.6500 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 35.2234) against the same month in 2013 (average: 35.7277), the exchange rate shifted by -0.5043 (-1.41%).

2014 Avg (December) 35.2234

2013 Avg (December) 35.7277

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.5940	34.7274	35.2117
February	35.7901	35.2922	35.5014
March	35.3641	34.0880	34.8514
April	34.6584	34.1020	34.3097
May	34.1583	33.0467	33.6644
June	34.1550	33.4228	33.7995
July	34.6726	33.8116	34.1131
August	35.1847	34.6163	34.9094
September	35.1236	34.4106	34.7157
October	35.1105	34.7658	34.9161
November	35.0266	34.2499	34.7901
December	36.0643	33.7749	35.2234