YEARLY HIGH
2.0920 QAR
YEARLY LOW
1.9876 QAR
YEARLY AVERAGE
2.0685 QAR

2014 GEL to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 2.0920. Conversely, the yearly low was recorded on December 3, dropping to 1.9876.

This high-to-low spread represents a total annual volatility of 0.1044 QAR. From a start-to-finish perspective, comparing the January average rate of 2.0657 to the December average rate of 2.0433, the exchange rate registered a net change of -1.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.0920 was down 6.15% compared to the 2013 peak of 2.2290, 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 10,460 QAR
2013 Average 10,937 QAR
Yearly Trough Low 9,938 QAR
Transaction Impact: A difference of 521.93 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.0934
2.0388
JanuMarcMayJulySeptNove

GEL to QAR 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 2.0699, compared to 2.0672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 2.0699
H2 Avg (Jul–Dec) 2.0672

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0753 QAR (High: 2.0629 / Low: 1.9876). On the other end, October was the most stable month, with a tight range of 0.0040 QAR (High: 2.0737 / Low: 2.0697).

December Spread (Volatile) ±0.0753
October Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0180 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 2.0773) against the same month in 2013 (average: 2.1988), the exchange rate shifted by -0.1216 (-5.53%).

2014 Avg (February) 2.0773
2013 Avg (February) 2.1988

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0833 2.0488 2.0657
February 2.0920 2.0519 2.0773
March 2.0910 2.0727 2.0810
April 2.0759 2.0597 2.0704
May 2.0724 2.0576 2.0647
June 2.0650 2.0576 2.0603
July 2.0880 2.0599 2.0681
August 2.0919 2.0838 2.0888
September 2.0857 2.0722 2.0780
October 2.0737 2.0697 2.0714
November 2.0732 2.0140 2.0534
December 2.0629 1.9876 2.0433