2014 NGN to GEL Historical Review

YEARLY HIGH

0.0111 GEL

YEARLY LOW

0.0095 GEL

YEARLY AVERAGE

0.0107 GEL

2014 NGN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NGN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 0.0111. Conversely, the yearly low was recorded on December 23, dropping to 0.0095.

This high-to-low spread represents a total annual volatility of 0.0016 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0110 to the December average rate of 0.0098, the exchange rate registered a net change of -11.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0111 was up 1.60% compared to the 2013 peak of 0.0109, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 11,121 GEL

2013 Average 10,455 GEL

Yearly Trough Low 9,530 GEL

Transaction Impact: A difference of 1,591.03 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0111

0.0097

JanuMarcMayJulySeptNove

NGN 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 0.0108, compared to 0.0105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0108

H2 Avg (Jul–Dec) 0.0105

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0006 GEL (High: 0.0101 / Low: 0.0095). On the other end, June was the most stable month, with a tight range of 0.0001 GEL (High: 0.0109 / Low: 0.0108).

December Spread (Volatile) ±0.0006

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.0110) against the same month in 2013 (average: 0.0106), the exchange rate shifted by +0.0004 (+4.13%).

2014 Avg (January) 0.0110

2013 Avg (January) 0.0106

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0111	0.0109	0.0110
February	0.0109	0.0106	0.0107
March	0.0107	0.0106	0.0106
April	0.0110	0.0106	0.0108
May	0.0111	0.0108	0.0109
June	0.0109	0.0108	0.0108
July	0.0109	0.0108	0.0108
August	0.0108	0.0107	0.0108
September	0.0108	0.0107	0.0107
October	0.0108	0.0106	0.0107
November	0.0106	0.0101	0.0103
December	0.0101	0.0095	0.0098