2014 GEL to MRO Historical Review

YEARLY HIGH

169.6745 MRO

YEARLY LOW

157.7958 MRO

YEARLY AVERAGE

165.9626 MRO

2014 GEL to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 169.6745. Conversely, the yearly low was recorded on December 3, dropping to 157.7958.

This high-to-low spread represents a total annual volatility of 11.8787 MRO. From a start-to-finish perspective, comparing the January average rate of 164.9624 to the December average rate of 163.2353, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 169.6745 was down 7.98% compared to the 2013 peak of 184.3943, 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 848,373 MRO

2013 Average 882,042 MRO

Yearly Trough Low 788,979 MRO

Transaction Impact: A difference of 59,393.74 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

168.2679

162.7778

JanuMarcMayJulySeptNove

GEL to MRO 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 166.3032, compared to 165.6220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6812 points.

H1 Avg (Jan–Jun) 166.3032

H2 Avg (Jul–Dec) 165.6220

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 7.8850 MRO (High: 165.6808 / Low: 157.7958). On the other end, June was the most stable month, with a tight range of 1.4240 MRO (High: 165.9116 / Low: 164.4875).

December Spread (Volatile) ±7.8850

June Spread (Stable) ±1.4240

Growth Streaks & Declines

Trends

Between January and April, 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 1.5047 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.5047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 167.1423) against the same month in 2013 (average: 174.2111), the exchange rate shifted by -7.0688 (-4.06%).

2014 Avg (March) 167.1423

2013 Avg (March) 174.2111

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	166.6255	163.1866	164.9624
February	168.1711	163.9986	165.9348
March	169.6745	165.8630	167.1423
April	169.4871	166.5082	167.8104
May	168.6501	164.8088	166.5861
June	165.9116	164.4875	165.3831
July	167.9346	164.6947	165.7265
August	168.7407	166.5925	167.5384
September	167.5003	165.4435	166.3974
October	167.6450	164.0031	166.1695
November	167.5089	160.8163	164.6648
December	165.6808	157.7958	163.2353