2014 ZAR to GEL Historical Review

YEARLY HIGH

0.1714 GEL

YEARLY LOW

0.1517 GEL

YEARLY AVERAGE

0.1624 GEL

2014 ZAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 0.1714. Conversely, the yearly low was recorded on December 25, dropping to 0.1517.

This high-to-low spread represents a total annual volatility of 0.0197 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1625 to the December average rate of 0.1551, the exchange rate registered a net change of -4.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1714 was down 12.47% compared to the 2013 peak of 0.1958, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 8,570 GEL

2013 Average 8,653 GEL

Yearly Trough Low 7,585 GEL

Transaction Impact: A difference of 985.14 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1709

0.1536

JanuMarcMayJulySeptNove

ZAR 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 0.1645, compared to 0.1603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.1645

H2 Avg (Jul–Dec) 0.1603

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0129 GEL (High: 0.1646 / Low: 0.1517). On the other end, August was the most stable month, with a tight range of 0.0029 GEL (High: 0.1649 / Low: 0.1620).

December Spread (Volatile) ±0.0129

August Spread (Stable) ±0.0029

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 0.0049 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.1695) against the same month in 2013 (average: 0.1762), the exchange rate shifted by -0.0068 (-3.84%).

2014 Avg (May) 0.1695

2013 Avg (May) 0.1762

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1664	0.1576	0.1625
February	0.1635	0.1575	0.1598
March	0.1663	0.1608	0.1629
April	0.1688	0.1651	0.1668
May	0.1714	0.1675	0.1695
June	0.1673	0.1634	0.1657
July	0.1672	0.1631	0.1652
August	0.1649	0.1620	0.1635
September	0.1640	0.1557	0.1596
October	0.1618	0.1549	0.1587
November	0.1646	0.1561	0.1600
December	0.1646	0.1517	0.1551