2014 GEL to LRD Historical Review

YEARLY HIGH

53.0460 LRD

YEARLY LOW

45.6458 LRD

YEARLY AVERAGE

50.1311 LRD

2014 GEL to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 53.0460. Conversely, the yearly low was recorded on March 22, dropping to 45.6458.

This high-to-low spread represents a total annual volatility of 7.4002 LRD. From a start-to-finish perspective, comparing the January average rate of 47.4917 to the December average rate of 51.3425, the exchange rate registered a net change of 8.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 53.0460 was up 9.48% compared to the 2013 peak of 48.4524, 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 265,230 LRD

2013 Average 230,200 LRD

Yearly Trough Low 228,229 LRD

Transaction Impact: A difference of 37,001.06 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

53.1083

46.5572

JanuMarcMayJulySeptNove

GEL to LRD 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 48.2923, compared to 51.9698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6775 points.

H1 Avg (Jan–Jun) 48.2923

H2 Avg (Jul–Dec) 51.9698

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 4.2150 LRD (High: 51.2140 / Low: 46.9990). On the other end, October was the most stable month, with a tight range of 0.0939 LRD (High: 52.0971 / Low: 52.0032).

June Spread (Volatile) ±4.2150

October Spread (Stable) ±0.0939

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 1.6708 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6708

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 52.0623) against the same month in 2013 (average: 45.3822), the exchange rate shifted by +6.6802 (+14.72%).

2014 Avg (July) 52.0623

2013 Avg (July) 45.3822

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.3409	46.1715	47.4917
February	49.1176	48.1772	48.7739
March	48.9010	45.6458	47.1031
April	48.9015	48.1476	48.5248
May	49.0814	45.9656	48.0678
June	51.2140	46.9990	49.7925
July	53.0460	51.1910	52.0623
August	53.0254	52.3672	52.5624
September	52.4054	52.0494	52.2108
October	52.0971	52.0032	52.0447
November	52.0918	50.6036	51.5962
December	51.8319	49.9366	51.3425