2014 PGK to GEL Historical Review

YEARLY HIGH

0.7281 GEL

YEARLY LOW

0.6147 GEL

YEARLY AVERAGE

0.6861 GEL

2014 PGK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PGK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 0.7281. Conversely, the yearly low was recorded on May 27, dropping to 0.6147.

This high-to-low spread represents a total annual volatility of 0.1134 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7053 to the December average rate of 0.6907, the exchange rate registered a net change of -2.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7281 was down 11.78% compared to the 2013 peak of 0.8253, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,640 GEL

2013 Average 3,647 GEL

Yearly Trough Low 3,074 GEL

Transaction Impact: A difference of 566.87 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7303

0.6169

JanuMarcMayJulySeptNove

PGK 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 0.6686, compared to 0.7036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0350 points.

H1 Avg (Jan–Jun) 0.6686

H2 Avg (Jul–Dec) 0.7036

Volatility Range Comparison

Volatility

The most volatile month in 2014 was June, with a trading range of 0.1124 GEL (High: 0.7281 / Low: 0.6157). On the other end, September was the most stable month, with a tight range of 0.0090 GEL (High: 0.7102 / Low: 0.7012).

June Spread (Volatile) ±0.1124

September Spread (Stable) ±0.0090

Growth Streaks & Declines

Trends

Between May and July, 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 March and April, when the average rate fell by 0.0295 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 0.6844) against the same month in 2013 (average: 0.7426), the exchange rate shifted by -0.0583 (-7.85%).

2014 Avg (June) 0.6844

2013 Avg (June) 0.7426

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7116	0.6948	0.7053
February	0.7050	0.6711	0.6871
March	0.6978	0.6458	0.6691
April	0.6615	0.6307	0.6395
May	0.6357	0.6147	0.6263
June	0.7281	0.6157	0.6844
July	0.7269	0.7120	0.7208
August	0.7136	0.7031	0.7075
September	0.7102	0.7012	0.7062
October	0.7096	0.6945	0.7007
November	0.7075	0.6850	0.6958
December	0.7118	0.6784	0.6907