2014 GEL to SCR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 GEL to SCR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the GEL to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 8.1054. Conversely, the yearly low was recorded on April 28, dropping to 6.7490.
This high-to-low spread represents a total annual volatility of 1.3563 SCR. From a start-to-finish perspective, comparing the January average rate of 6.8470 to the December average rate of 7.8493, the exchange rate registered a net change of 14.64% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 8.1054 was up 2.19% compared to the 2013 peak of 7.9314, 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 SCR 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 6.9058, compared to 7.5454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6396 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was October, with a trading range of 0.6008 SCR (High: 8.0763 / Low: 7.4755). On the other end, September was the most stable month, with a tight range of 0.1106 SCR (High: 7.5152 / Low: 7.4046).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1508 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 8.0001) against the same month in 2013 (average: 7.1815), the exchange rate shifted by +0.8186 (+11.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.9048 | 6.7913 | 6.8470 |
| February | 6.9899 | 6.8276 | 6.9220 |
| March | 7.0012 | 6.8364 | 6.9364 |
| April | 6.9806 | 6.7490 | 6.8681 |
| May | 7.1191 | 6.7791 | 6.9191 |
| June | 6.9935 | 6.8524 | 6.9419 |
| July | 7.0823 | 6.9445 | 6.9896 |
| August | 7.4383 | 7.0563 | 7.2149 |
| September | 7.5152 | 7.4046 | 7.4636 |
| October | 8.0763 | 7.4755 | 7.7546 |
| November | 8.1054 | 7.8452 | 8.0001 |
| December | 8.0598 | 7.5437 | 7.8493 |