2014 GEL to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 GEL to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the GEL to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 591.6517. Conversely, the yearly low was recorded on April 30, dropping to 544.6867.
This high-to-low spread represents a total annual volatility of 46.9651 MMK. From a start-to-finish perspective, comparing the January average rate of 558.9741 to the December average rate of 578.3374, the exchange rate registered a net change of 3.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 591.6517 was down 0.77% compared to the 2013 peak of 596.2176, 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 MMK 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 552.9871, compared to 565.5145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.5273 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was November, with a trading range of 21.5362 MMK (High: 591.6517 / Low: 570.1156). On the other end, August was the most stable month, with a tight range of 2.7608 MMK (High: 558.5996 / Low: 555.8387).
Growth Streaks & Declines
TrendsBetween May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 7.5954 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 579.2670) against the same month in 2013 (average: 580.5992), the exchange rate shifted by -1.3322 (-0.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 564.8581 | 553.3872 | 558.9741 |
| February | 565.4937 | 554.0883 | 561.3744 |
| March | 560.1410 | 548.6179 | 553.7790 |
| April | 549.1253 | 544.6867 | 547.0793 |
| May | 548.5846 | 544.8794 | 546.5761 |
| June | 553.2058 | 546.6326 | 550.1400 |
| July | 557.9365 | 550.5680 | 552.6937 |
| August | 558.5996 | 555.8387 | 557.5559 |
| September | 565.8774 | 554.3468 | 559.8645 |
| October | 571.9945 | 559.5385 | 565.3685 |
| November | 591.6517 | 570.1156 | 579.2670 |
| December | 584.9051 | 564.5111 | 578.3374 |