2014 GEL to EUR Historical Review

YEARLY HIGH

0.4681 EUR

YEARLY LOW

0.4073 EUR

YEARLY AVERAGE

0.4282 EUR

2014 GEL to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4681. Conversely, the yearly low was recorded on May 6, dropping to 0.4073.

This high-to-low spread represents a total annual volatility of 0.0608 EUR. From a start-to-finish perspective, comparing the January average rate of 0.4165 to the December average rate of 0.4560, the exchange rate registered a net change of 9.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4681 was down 1.71% compared to the 2013 peak of 0.4763, 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 2,341 EUR

2013 Average 2,263 EUR

Yearly Trough Low 2,037 EUR

Transaction Impact: A difference of 304.07 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4604

0.4073

JanuMarcMayJulySeptNove

GEL to EUR 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 0.4147, compared to 0.4417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0270 points.

H1 Avg (Jan–Jun) 0.4147

H2 Avg (Jul–Dec) 0.4417

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0296 EUR (High: 0.4681 / Low: 0.4385). On the other end, March was the most stable month, with a tight range of 0.0043 EUR (High: 0.4159 / Low: 0.4116).

December Spread (Volatile) ±0.0296

March Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0042 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.4560) against the same month in 2013 (average: 0.4212), the exchange rate shifted by +0.0348 (+8.25%).

2014 Avg (December) 0.4560

2013 Avg (December) 0.4212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4206	0.4109	0.4165
February	0.4224	0.4134	0.4176
March	0.4159	0.4116	0.4134
April	0.4160	0.4079	0.4118
May	0.4158	0.4073	0.4130
June	0.4191	0.4136	0.4160
July	0.4283	0.4144	0.4195
August	0.4361	0.4263	0.4309
September	0.4507	0.4347	0.4429
October	0.4543	0.4435	0.4490
November	0.4594	0.4439	0.4521
December	0.4681	0.4385	0.4560