2014 GEL to WST Historical Review

YEARLY HIGH

1.3885 WST

YEARLY LOW

1.2865 WST

YEARLY AVERAGE

1.3261 WST

2014 GEL to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 1.3885. Conversely, the yearly low was recorded on July 13, dropping to 1.2865.

This high-to-low spread represents a total annual volatility of 0.1020 WST. From a start-to-finish perspective, comparing the January average rate of 1.3221 to the December average rate of 1.3478, the exchange rate registered a net change of 1.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3885 was down 2.54% compared to the 2013 peak of 1.4247, 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 6,943 WST

2013 Average 6,948 WST

Yearly Trough Low 6,433 WST

Transaction Impact: A difference of 509.98 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3595

1.2920

JanuMarcMayJulySeptNove

GEL to WST 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 1.3150, compared to 1.3373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 1.3150

H2 Avg (Jul–Dec) 1.3373

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0675 WST (High: 1.3885 / Low: 1.3210). On the other end, August was the most stable month, with a tight range of 0.0097 WST (High: 1.3316 / Low: 1.3219).

November Spread (Volatile) ±0.0675

August Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0204 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 1.3538) against the same month in 2013 (average: 1.3795), the exchange rate shifted by -0.0257 (-1.86%).

2014 Avg (November) 1.3538

2013 Avg (November) 1.3795

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3363	1.3095	1.3221
February	1.3421	1.3195	1.3337
March	1.3356	1.3107	1.3271
April	1.3148	1.2994	1.3066
May	1.3101	1.2894	1.2976
June	1.3132	1.2921	1.3027
July	1.3283	1.2865	1.3044
August	1.3316	1.3219	1.3260
September	1.3639	1.3175	1.3381
October	1.3615	1.3449	1.3537
November	1.3885	1.3210	1.3538
December	1.3637	1.3074	1.3478