2014 GEL to CDF Historical Review

YEARLY HIGH

530.8853 CDF

YEARLY LOW

505.3437 CDF

YEARLY AVERAGE

524.6489 CDF

2014 GEL to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 530.8853. Conversely, the yearly low was recorded on December 3, dropping to 505.3437.

This high-to-low spread represents a total annual volatility of 25.5417 CDF. From a start-to-finish perspective, comparing the January average rate of 524.3090 to the December average rate of 519.6527, the exchange rate registered a net change of -0.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 530.8853 was down 5.95% compared to the 2013 peak of 564.5011, 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 2,654,427 CDF

2013 Average 2,771,019 CDF

Yearly Trough Low 2,526,718 CDF

Transaction Impact: A difference of 127,708.35 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

530.4915

518.6674

JanuMarcMayJulySeptNove

GEL to CDF 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 524.5929, compared to 524.7048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1119 points.

H1 Avg (Jan–Jun) 524.5929

H2 Avg (Jul–Dec) 524.7048

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 19.9791 CDF (High: 525.3228 / Low: 505.3437). On the other end, May was the most stable month, with a tight range of 3.4887 CDF (High: 524.8030 / Low: 521.3143).

December Spread (Volatile) ±19.9791

May Spread (Stable) ±3.4887

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 4.0085 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 529.5062) against the same month in 2013 (average: 554.2645), the exchange rate shifted by -24.7583 (-4.47%).

2014 Avg (August) 529.5062

2013 Avg (August) 554.2645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	528.6515	519.2148	524.3090
February	530.2911	520.3766	526.1799
March	530.0008	524.6026	527.2486
April	526.1325	520.4346	524.6268
May	524.8030	521.3143	522.9789
June	525.7337	518.6056	522.2143
July	529.5752	520.8730	524.2033
August	530.8853	527.0010	529.5062
September	529.6427	524.4657	527.1099
October	528.3599	521.9800	525.8826
November	528.7431	511.3689	521.8741
December	525.3228	505.3437	519.6527