2014 GEL to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 GEL to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the GEL to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 106.0717. Conversely, the yearly low was recorded on January 23, dropping to 87.1479.
This high-to-low spread represents a total annual volatility of 18.9237 KZT. From a start-to-finish perspective, comparing the January average rate of 87.9116 to the December average rate of 102.3114, the exchange rate registered a net change of 16.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 106.0717 was up 14.08% compared to the 2013 peak of 92.9791, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
GEL to KZT Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 99.7171, compared to 103.3815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6644 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was February, with a trading range of 18.3592 KZT (High: 106.0717 / Low: 87.7124). On the other end, June was the most stable month, with a tight range of 0.5099 KZT (High: 104.1346 / Low: 103.6247).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.1868 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2014: 95.1863) against the same month in 2013 (average: 90.9601), the exchange rate shifted by +4.2262 (+4.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 88.4039 | 87.1479 | 87.9116 |
| February | 106.0717 | 87.7124 | 95.1863 |
| March | 105.2167 | 103.6801 | 104.2874 |
| April | 103.8248 | 102.9978 | 103.5552 |
| May | 104.2582 | 102.9982 | 103.5186 |
| June | 104.1346 | 103.6247 | 103.8437 |
| July | 105.1806 | 103.8473 | 104.2729 |
| August | 104.7115 | 104.1605 | 104.4788 |
| September | 104.4600 | 103.4969 | 103.8959 |
| October | 103.9515 | 102.6810 | 103.2584 |
| November | 103.3341 | 100.1731 | 102.0716 |
| December | 103.5678 | 99.1648 | 102.3114 |