2014 PEN to GEL Historical Review

YEARLY HIGH

0.6396 GEL

YEARLY LOW

0.5903 GEL

YEARLY AVERAGE

0.6203 GEL

2014 PEN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.6396. Conversely, the yearly low was recorded on December 30, dropping to 0.5903.

This high-to-low spread represents a total annual volatility of 0.0493 GEL. From a start-to-finish perspective, comparing the January average rate of 0.6275 to the December average rate of 0.6017, the exchange rate registered a net change of -4.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6396 was down 2.07% compared to the 2013 peak of 0.6532, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,198 GEL

2013 Average 3,083 GEL

Yearly Trough Low 2,952 GEL

Transaction Impact: A difference of 246.69 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6357

0.5986

JanuMarcMayJulySeptNove

PEN 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 0.6281, compared to 0.6126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.6281

H2 Avg (Jul–Dec) 0.6126

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0331 GEL (High: 0.6234 / Low: 0.5903). On the other end, March was the most stable month, with a tight range of 0.0052 GEL (High: 0.6260 / Low: 0.6208).

December Spread (Volatile) ±0.0331

March Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between February and June, 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 July and August, when the average rate fell by 0.0124 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.6319) against the same month in 2013 (average: 0.6212), the exchange rate shifted by +0.0107 (+1.72%).

2014 Avg (May) 0.6319

2013 Avg (May) 0.6212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6328	0.6220	0.6275
February	0.6284	0.6180	0.6229
March	0.6260	0.6208	0.6235
April	0.6341	0.6242	0.6299
May	0.6396	0.6282	0.6319
June	0.6394	0.6302	0.6326
July	0.6367	0.6241	0.6319
August	0.6246	0.6128	0.6194
September	0.6142	0.6065	0.6115
October	0.6089	0.6010	0.6050
November	0.6200	0.5992	0.6064
December	0.6234	0.5903	0.6017