2014 NOK to GEL Historical Review

YEARLY HIGH

0.2986 GEL

YEARLY LOW

0.2363 GEL

YEARLY AVERAGE

0.2801 GEL

2014 NOK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.2986. Conversely, the yearly low was recorded on December 28, dropping to 0.2363.

This high-to-low spread represents a total annual volatility of 0.0624 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2864 to the December average rate of 0.2442, the exchange rate registered a net change of -14.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2986 was down 1.69% compared to the 2013 peak of 0.3038, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,493 GEL

2013 Average 1,417 GEL

Yearly Trough Low 1,181 GEL

Transaction Impact: A difference of 311.93 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3021

0.2389

JanuMarcMayJulySeptNove

NOK 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 0.2913, compared to 0.2690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.2913

H2 Avg (Jul–Dec) 0.2690

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0248 GEL (High: 0.2611 / Low: 0.2363). On the other end, May was the most stable month, with a tight range of 0.0034 GEL (High: 0.2986 / Low: 0.2953).

December Spread (Volatile) ±0.0248

May Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0158 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.2968) against the same month in 2013 (average: 0.2818), the exchange rate shifted by +0.0150 (+5.33%).

2014 Avg (May) 0.2968

2013 Avg (May) 0.2818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2911	0.2829	0.2864
February	0.2915	0.2822	0.2861
March	0.2937	0.2892	0.2916
April	0.2968	0.2924	0.2940
May	0.2986	0.2953	0.2968
June	0.2972	0.2880	0.2927
July	0.2869	0.2777	0.2842
August	0.2837	0.2778	0.2812
September	0.2822	0.2719	0.2760
October	0.2730	0.2606	0.2684
November	0.2649	0.2562	0.2600
December	0.2611	0.2363	0.2442