2014 QAR to GEL Historical Review

YEARLY HIGH

0.5031 GEL

YEARLY LOW

0.4780 GEL

YEARLY AVERAGE

0.4835 GEL

2014 QAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the QAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.5031. Conversely, the yearly low was recorded on February 13, dropping to 0.4780.

This high-to-low spread represents a total annual volatility of 0.0251 GEL. From a start-to-finish perspective, comparing the January average rate of 0.4841 to the December average rate of 0.4895, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5031 was up 4.76% compared to the 2013 peak of 0.4803, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,516 GEL

2013 Average 2,286 GEL

Yearly Trough Low 2,390 GEL

Transaction Impact: A difference of 125.53 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4906

0.4777

JanuMarcMayJulySeptNove

QAR 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 0.4831, compared to 0.4838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.4831

H2 Avg (Jul–Dec) 0.4838

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0184 GEL (High: 0.5031 / Low: 0.4848). On the other end, October was the most stable month, with a tight range of 0.0009 GEL (High: 0.4832 / Low: 0.4822).

December Spread (Volatile) ±0.0184

October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between August and December, 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 0.0048 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.4895) against the same month in 2013 (average: 0.4759), the exchange rate shifted by +0.0136 (+2.86%).

2014 Avg (December) 0.4895

2013 Avg (December) 0.4759

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4881	0.4800	0.4841
February	0.4874	0.4780	0.4814
March	0.4825	0.4782	0.4805
April	0.4855	0.4817	0.4830
May	0.4860	0.4825	0.4843
June	0.4860	0.4843	0.4854
July	0.4855	0.4789	0.4835
August	0.4799	0.4780	0.4787
September	0.4826	0.4794	0.4812
October	0.4832	0.4822	0.4828
November	0.4965	0.4824	0.4870
December	0.5031	0.4848	0.4895