2014 GEL to TJS Historical Review

YEARLY HIGH

2.9528 TJS

YEARLY LOW

2.6866 TJS

YEARLY AVERAGE

2.8004 TJS

2014 GEL to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.9528. Conversely, the yearly low was recorded on January 23, dropping to 2.6866.

This high-to-low spread represents a total annual volatility of 0.2662 TJS. From a start-to-finish perspective, comparing the January average rate of 2.7089 to the December average rate of 2.8895, the exchange rate registered a net change of 6.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.9528 was up 1.39% compared to the 2013 peak of 2.9124, 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 14,764 TJS

2013 Average 14,311 TJS

Yearly Trough Low 13,433 TJS

Transaction Impact: A difference of 1,331.02 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.9075

2.6908

JanuMarcMayJulySeptNove

GEL to TJS 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 2.7515, compared to 2.8494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0979 points.

H1 Avg (Jan–Jun) 2.7515

H2 Avg (Jul–Dec) 2.8494

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.1740 TJS (High: 2.9528 / Low: 2.7788). On the other end, October was the most stable month, with a tight range of 0.0070 TJS (High: 2.8467 / Low: 2.8396).

December Spread (Volatile) ±0.1740

October Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between January and August, 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 August and September, when the average rate fell by 0.0104 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.8895) against the same month in 2013 (average: 2.7551), the exchange rate shifted by +0.1344 (+4.88%).

2014 Avg (December) 2.8895

2013 Avg (December) 2.7551

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7313	2.6866	2.7089
February	2.7581	2.7050	2.7392
March	2.7568	2.7324	2.7455
April	2.7717	2.7302	2.7491
May	2.7987	2.7702	2.7824
June	2.7972	2.7720	2.7837
July	2.8453	2.7937	2.8096
August	2.8628	2.8405	2.8552
September	2.8545	2.8362	2.8448
October	2.8467	2.8396	2.8421
November	2.8873	2.8093	2.8549
December	2.9528	2.7788	2.8895