2014 NPR to GEL Historical Review

YEARLY HIGH

0.0189 GEL

YEARLY LOW

0.0173 GEL

YEARLY AVERAGE

0.0180 GEL

2014 NPR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NPR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.0189. Conversely, the yearly low was recorded on December 18, dropping to 0.0173.

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 0.0177 to the December average rate of 0.0178, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0189 was down 3.01% compared to the 2013 peak of 0.0195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 94 GEL

2013 Average 89 GEL

Yearly Trough Low 87 GEL

Transaction Impact: A difference of 7.76 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0186

0.0175

JanuMarcMayJulySeptNove

NPR 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 0.0181, compared to 0.0179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0181

H2 Avg (Jul–Dec) 0.0179

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0012 GEL (High: 0.0185 / Low: 0.0173). On the other end, February was the most stable month, with a tight range of 0.0002 GEL (High: 0.0177 / Low: 0.0175).

December Spread (Volatile) ±0.0012

February Spread (Stable) ±0.0002

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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0185) against the same month in 2013 (average: 0.0187), the exchange rate shifted by -0.0002 (-0.92%).

2014 Avg (May) 0.0185

2013 Avg (May) 0.0187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0180	0.0175	0.0177
February	0.0177	0.0175	0.0176
March	0.0183	0.0176	0.0179
April	0.0184	0.0181	0.0182
May	0.0189	0.0183	0.0185
June	0.0187	0.0183	0.0185
July	0.0184	0.0181	0.0183
August	0.0180	0.0177	0.0179
September	0.0181	0.0178	0.0180
October	0.0180	0.0177	0.0179
November	0.0182	0.0177	0.0179
December	0.0185	0.0173	0.0178