2014 GMD to GEL Historical Review

YEARLY HIGH

0.0466 GEL

YEARLY LOW

0.0404 GEL

YEARLY AVERAGE

0.0442 GEL

2014 GMD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GMD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.0466. Conversely, the yearly low was recorded on November 6, dropping to 0.0404.

This high-to-low spread represents a total annual volatility of 0.0063 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0463 to the December average rate of 0.0413, the exchange rate registered a net change of -10.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0466 was down 9.30% compared to the 2013 peak of 0.0514, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233 GEL

2013 Average 246 GEL

Yearly Trough Low 202 GEL

Transaction Impact: A difference of 31.35 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0468

0.0406

JanuMarcMayJulySeptNove

GMD 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 0.0454, compared to 0.0430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0454

H2 Avg (Jul–Dec) 0.0430

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0037 GEL (High: 0.0444 / Low: 0.0407). On the other end, May was the most stable month, with a tight range of 0.0003 GEL (High: 0.0447 / Low: 0.0443).

October Spread (Volatile) ±0.0037

May Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0018 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0463) against the same month in 2013 (average: 0.0496), the exchange rate shifted by -0.0033 (-6.71%).

2014 Avg (January) 0.0463

2013 Avg (January) 0.0496

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0466	0.0458	0.0463
February	0.0466	0.0454	0.0459
March	0.0461	0.0457	0.0459
April	0.0464	0.0443	0.0452
May	0.0447	0.0443	0.0445
June	0.0447	0.0442	0.0445
July	0.0447	0.0440	0.0444
August	0.0441	0.0437	0.0439
September	0.0444	0.0437	0.0442
October	0.0444	0.0407	0.0429
November	0.0419	0.0404	0.0411
December	0.0425	0.0408	0.0413