2014 GHS to GEL Historical Review

YEARLY HIGH

0.7481 GEL

YEARLY LOW

0.4492 GEL

YEARLY AVERAGE

0.5895 GEL

2014 GHS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GHS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.7481. Conversely, the yearly low was recorded on August 19, dropping to 0.4492.

This high-to-low spread represents a total annual volatility of 0.2989 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7395 to the December average rate of 0.5563, the exchange rate registered a net change of -24.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7481 was down 15.32% compared to the 2013 peak of 0.8835, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GHS based on timing:

Yearly Peak High 3,740 GEL

2013 Average 4,044 GEL

Yearly Trough Low 2,246 GEL

Transaction Impact: A difference of 1,494.59 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7655

0.4538

JanuMarcMayJulySeptNove

GHS to GEL 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 0.6546, compared to 0.5244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1302 points.

H1 Avg (Jan–Jun) 0.6546

H2 Avg (Jul–Dec) 0.5244

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0788 GEL (High: 0.5383 / Low: 0.4595). On the other end, October was the most stable month, with a tight range of 0.0121 GEL (High: 0.5508 / Low: 0.5387).

September Spread (Volatile) ±0.0788

October Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0463 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0463

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.7395) against the same month in 2013 (average: 0.8718), the exchange rate shifted by -0.1323 (-15.17%).

2014 Avg (January) 0.7395

2013 Avg (January) 0.8718

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7481	0.7257	0.7395
February	0.7412	0.6820	0.7036
March	0.6872	0.6516	0.6749
April	0.6529	0.6255	0.6361
May	0.6248	0.5862	0.6055
June	0.5926	0.5394	0.5678
July	0.5421	0.4962	0.5216
August	0.5178	0.4492	0.4797
September	0.5383	0.4595	0.4925
October	0.5508	0.5387	0.5440
November	0.5660	0.5410	0.5524
December	0.5723	0.5503	0.5563