2014 GEL to LTL Historical Review

YEARLY HIGH

1.6138 LTL

YEARLY LOW

1.4071 LTL

YEARLY AVERAGE

1.4784 LTL

2014 GEL to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.6138. Conversely, the yearly low was recorded on May 6, dropping to 1.4071.

This high-to-low spread represents a total annual volatility of 0.2068 LTL. From a start-to-finish perspective, comparing the January average rate of 1.4379 to the December average rate of 1.5741, the exchange rate registered a net change of 9.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.6138 was down 1.87% compared to the 2013 peak of 1.6446, 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 8,069 LTL

2013 Average 7,813 LTL

Yearly Trough Low 7,035 LTL

Transaction Impact: A difference of 1,033.80 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.5893

1.4066

JanuMarcMayJulySeptNove

GEL to LTL 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 1.4319, compared to 1.5249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0930 points.

H1 Avg (Jan–Jun) 1.4319

H2 Avg (Jul–Dec) 1.5249

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0982 LTL (High: 1.6138 / Low: 1.5156). On the other end, March was the most stable month, with a tight range of 0.0141 LTL (High: 1.4358 / Low: 1.4217).

December Spread (Volatile) ±0.0982

March Spread (Stable) ±0.0141

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 0.0151 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.5741) against the same month in 2013 (average: 1.4546), the exchange rate shifted by +0.1195 (+8.22%).

2014 Avg (December) 1.5741

2013 Avg (December) 1.4546

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4519	1.4215	1.4379
February	1.4574	1.4296	1.4422
March	1.4358	1.4217	1.4272
April	1.4364	1.4092	1.4218
May	1.4351	1.4071	1.4259
June	1.4466	1.4291	1.4366
July	1.4787	1.4309	1.4483
August	1.5055	1.4730	1.4873
September	1.5549	1.5016	1.5287
October	1.5685	1.5360	1.5502
November	1.5829	1.5326	1.5610
December	1.6138	1.5156	1.5741