2014 GEL to NAD Historical Review

YEARLY HIGH

6.5960 NAD

YEARLY LOW

5.8381 NAD

YEARLY AVERAGE

6.1627 NAD

2014 GEL to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 6.5960. Conversely, the yearly low was recorded on May 24, dropping to 5.8381.

This high-to-low spread represents a total annual volatility of 0.7578 NAD. From a start-to-finish perspective, comparing the January average rate of 6.1588 to the December average rate of 6.4532, the exchange rate registered a net change of 4.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 6.5960 was up 5.63% compared to the 2013 peak of 6.2445, 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 32,980 NAD

2013 Average 28,967 NAD

Yearly Trough Low 29,191 NAD

Transaction Impact: A difference of 3,789.25 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

6.5081

5.8495

JanuMarcMayJulySeptNove

GEL to NAD 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 6.0832, compared to 6.2421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1590 points.

H1 Avg (Jan–Jun) 6.0832

H2 Avg (Jul–Dec) 6.2421

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.5152 NAD (High: 6.5960 / Low: 6.0808). On the other end, August was the most stable month, with a tight range of 0.1006 NAD (High: 6.1667 / Low: 6.0661).

December Spread (Volatile) ±0.5152

August Spread (Stable) ±0.1006

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1394 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 6.4532) against the same month in 2013 (average: 5.9841), the exchange rate shifted by +0.4691 (+7.84%).

2014 Avg (December) 6.4532

2013 Avg (December) 5.9841

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.3170	6.0192	6.1588
February	6.3513	6.1170	6.2636
March	6.2223	6.0187	6.1381
April	6.0632	5.9376	5.9987
May	5.9652	5.8381	5.9044
June	6.1092	5.9619	6.0354
July	6.1274	5.9852	6.0563
August	6.1667	6.0661	6.1174
September	6.4125	6.1094	6.2664
October	6.4416	6.1990	6.3071
November	6.4075	6.0755	6.2525
December	6.5960	6.0808	6.4532