2014 GEL to GNF Historical Review

YEARLY HIGH

4078.9154 GNF

YEARLY LOW

3848.9490 GNF

YEARLY AVERAGE

3982.5595 GNF

2014 GEL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 4078.9154. Conversely, the yearly low was recorded on December 3, dropping to 3848.9490.

This high-to-low spread represents a total annual volatility of 229.9665 GNF. From a start-to-finish perspective, comparing the January average rate of 3962.2800 to the December average rate of 3958.6773, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 4078.9154 was down 6.47% compared to the 2013 peak of 4360.9116, 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 20,394,577 GNF

2013 Average 21,089,973 GNF

Yearly Trough Low 19,244,745 GNF

Transaction Impact: A difference of 1,149,832.27 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

4015.9217

3941.4217

JanuMarcMayJulySeptNove

GEL to GNF 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 3975.1821, compared to 3989.9370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.7549 points.

H1 Avg (Jan–Jun) 3975.1821

H2 Avg (Jul–Dec) 3989.9370

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 170.3940 GNF (High: 4019.3430 / Low: 3848.9490). On the other end, April was the most stable month, with a tight range of 64.7236 GNF (High: 4004.2758 / Low: 3939.5523).

December Spread (Volatile) ±170.3940

April Spread (Stable) ±64.7236

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 March and April, when the average rate fell by 34.9043 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -34.9043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 4006.4511) against the same month in 2013 (average: 4291.0047), the exchange rate shifted by -284.5536 (-6.63%).

2014 Avg (March) 4006.4511

2013 Avg (March) 4291.0047

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4005.7401	3912.7530	3962.2800
February	4035.9515	3958.5255	3999.2536
March	4078.9154	3927.4312	4006.4511
April	4004.2758	3939.5523	3971.5467
May	3997.4619	3907.1940	3963.9313
June	3975.9135	3894.4165	3947.6301
July	4060.7047	3949.1459	3991.3996
August	4046.4984	3972.8652	4009.7134
September	4031.5516	3959.3283	3999.5377
October	4050.6261	3978.4678	4006.9681
November	4039.3202	3894.2465	3973.3256
December	4019.3430	3848.9490	3958.6773