2014 GEL to IQD Historical Review

YEARLY HIGH

680.9247 IQD

YEARLY LOW

640.7179 IQD

YEARLY AVERAGE

666.0548 IQD

2014 GEL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 680.9247. Conversely, the yearly low was recorded on December 16, dropping to 640.7179.

This high-to-low spread represents a total annual volatility of 40.2068 IQD. From a start-to-finish perspective, comparing the January average rate of 661.5945 to the December average rate of 659.6384, the exchange rate registered a net change of -0.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 680.9247 was down 4.08% compared to the 2013 peak of 709.8633, 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 3,404,623 IQD

2013 Average 3,493,485 IQD

Yearly Trough Low 3,203,590 IQD

Transaction Impact: A difference of 201,033.75 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

675.6356

658.1841

JanuMarcMayJulySeptNove

GEL to IQD 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 664.7164, compared to 667.3933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6770 points.

H1 Avg (Jan–Jun) 664.7164

H2 Avg (Jul–Dec) 667.3933

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 40.2068 IQD (High: 680.9247 / Low: 640.7179). On the other end, June was the most stable month, with a tight range of 10.0917 IQD (High: 668.5092 / Low: 658.4176).

December Spread (Volatile) ±40.2068

June Spread (Stable) ±10.0917

Growth Streaks & Declines

Trends

Between April and August, 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 November and December, when the average rate fell by 4.6707 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -4.6707

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 659.6384) against the same month in 2013 (average: 672.1160), the exchange rate shifted by -12.4775 (-1.86%).

2014 Avg (December) 659.6384

2013 Avg (December) 672.1160

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	668.8461	654.7406	661.5945
February	674.3550	656.6410	665.1897
March	678.1237	663.8928	667.1662
April	675.4271	658.3054	662.6994
May	670.6696	658.6430	665.7569
June	668.5092	658.4176	665.8914
July	676.1242	659.0885	667.6945
August	676.8878	665.9976	674.1813
September	674.3638	662.2893	670.0103
October	672.6934	660.6751	668.5262
November	671.7044	650.0658	664.3091
December	680.9247	640.7179	659.6384