2014 GEL to UGX Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 GEL to UGX Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the GEL to UGX exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1576.1531. Conversely, the yearly low was recorded on January 23, dropping to 1392.0000.
This high-to-low spread represents a total annual volatility of 184.1531 UGX. From a start-to-finish perspective, comparing the January average rate of 1418.7087 to the December average rate of 1552.0832, the exchange rate registered a net change of 9.40% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 1576.1531 was down 3.86% compared to the 2013 peak of 1639.4308, 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 UGX 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 1433.9144, compared to 1516.8056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 82.8911 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 70.4649 UGX (High: 1576.1531 / Low: 1505.6882). On the other end, May was the most stable month, with a tight range of 15.8648 UGX (High: 1444.8670 / Low: 1429.0021).
Growth Streaks & Declines
TrendsBetween May and August, 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 March and April, when the average rate fell by 10.7768 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 1552.0832) against the same month in 2013 (average: 1450.2872), the exchange rate shifted by +101.7960 (+7.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1447.7340 | 1392.0000 | 1418.7087 |
| February | 1442.1376 | 1394.4790 | 1408.2490 |
| March | 1463.7616 | 1435.9021 | 1447.4496 |
| April | 1461.0338 | 1421.7954 | 1436.6728 |
| May | 1444.8670 | 1429.0021 | 1434.6874 |
| June | 1476.5698 | 1439.2505 | 1457.7191 |
| July | 1510.2644 | 1474.9201 | 1494.5806 |
| August | 1504.9014 | 1488.7911 | 1497.2206 |
| September | 1509.7114 | 1485.7316 | 1494.2804 |
| October | 1544.4847 | 1503.0566 | 1521.9234 |
| November | 1553.6840 | 1525.7928 | 1540.7452 |
| December | 1576.1531 | 1505.6882 | 1552.0832 |