2014 GEL to CRC Historical Review

YEARLY HIGH

320.8848 CRC

YEARLY LOW

281.9878 CRC

YEARLY AVERAGE

304.9494 CRC

2014 GEL to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 320.8848. Conversely, the yearly low was recorded on January 23, dropping to 281.9878.

This high-to-low spread represents a total annual volatility of 38.8970 CRC. From a start-to-finish perspective, comparing the January average rate of 284.4264 to the December average rate of 300.8149, the exchange rate registered a net change of 5.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 320.8848 was up 3.67% compared to the 2013 peak of 309.5155, 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 1,604,424 CRC

2013 Average 1,504,808 CRC

Yearly Trough Low 1,409,939 CRC

Transaction Impact: A difference of 194,485.14 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

316.4283

281.5171

JanuMarcMayJulySeptNove

GEL to CRC 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 303.6670, compared to 306.2317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5647 points.

H1 Avg (Jan–Jun) 303.6670

H2 Avg (Jul–Dec) 306.2317

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 31.5361 CRC (High: 320.8848 / Low: 289.3486). On the other end, August was the most stable month, with a tight range of 2.3209 CRC (High: 311.7135 / Low: 309.3926).

March Spread (Volatile) ±31.5361

August Spread (Stable) ±2.3209

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 5.8787 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -5.8787

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 307.9810) against the same month in 2013 (average: 301.3690), the exchange rate shifted by +6.6120 (+2.19%).

2014 Avg (March) 307.9810

2013 Avg (March) 301.3690

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	287.3003	281.9878	284.4264
February	294.7089	288.0185	291.6861
March	320.8848	289.3486	307.9810
April	313.5338	310.1823	311.8573
May	314.8108	310.8761	313.5190
June	314.8070	308.3229	312.5323
July	308.7542	305.4308	306.6537
August	311.7135	309.3926	310.3989
September	310.9882	307.0641	308.6462
October	308.3412	305.3044	307.1267
November	308.4545	296.8844	303.7501
December	306.0555	292.6335	300.8149