2014 GEL to ZAR Historical Review

YEARLY HIGH

6.5921 ZAR

YEARLY LOW

5.8343 ZAR

YEARLY AVERAGE

6.1611 ZAR

2014 GEL to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GEL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 6.5921. Conversely, the yearly low was recorded on May 24, dropping to 5.8343.

This high-to-low spread represents a total annual volatility of 0.7578 ZAR. From a start-to-finish perspective, comparing the January average rate of 6.1552 to the December average rate of 6.4521, the exchange rate registered a net change of 4.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 6.5921 was up 5.61% compared to the 2013 peak of 6.2421, 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 32,961 ZAR

2013 Average 28,969 ZAR

Yearly Trough Low 29,172 ZAR

Transaction Impact: A difference of 3,788.89 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

6.5072

5.8458

JanuMarcMayJulySeptNove

GEL to ZAR 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 6.0809, compared to 6.2414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1605 points.

H1 Avg (Jan–Jun) 6.0809

H2 Avg (Jul–Dec) 6.2414

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.5155 ZAR (High: 6.5921 / Low: 6.0766). On the other end, August was the most stable month, with a tight range of 0.1068 ZAR (High: 6.1728 / Low: 6.0659).

December Spread (Volatile) ±0.5155

August Spread (Stable) ±0.1068

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1441 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1441

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 6.4521) against the same month in 2013 (average: 5.9810), the exchange rate shifted by +0.4710 (+7.88%).

2014 Avg (December) 6.4521

2013 Avg (December) 5.9810

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.3464	6.0087	6.1552
February	6.3494	6.1146	6.2568
March	6.2191	6.0145	6.1409
April	6.0570	5.9256	5.9968
May	5.9716	5.8343	5.9009
June	6.1202	5.9772	6.0344
July	6.1310	5.9816	6.0552
August	6.1728	6.0659	6.1155
September	6.4217	6.0982	6.2685
October	6.4547	6.1799	6.3035
November	6.4043	6.0755	6.2535
December	6.5921	6.0766	6.4521