2012 AOA to GEL Historical Review

YEARLY HIGH

0.0182 GEL

YEARLY LOW

0.0170 GEL

YEARLY AVERAGE

0.0175 GEL

2012 AOA to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the AOA to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 0.0182. Conversely, the yearly low was recorded on May 20, dropping to 0.0170.

This high-to-low spread represents a total annual volatility of 0.0011 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0176 to the December average rate of 0.0173, the exchange rate registered a net change of -1.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0182 was down 7.12% compared to the 2011 peak of 0.0195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91 GEL

2011 Average 90 GEL

Yearly Trough Low 85 GEL

Transaction Impact: A difference of 5.70 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0182

0.0170

JanuMarcMayJulySeptNove

AOA 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 0.0173, compared to 0.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0173

H2 Avg (Jul–Dec) 0.0177

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 0.0008 GEL (High: 0.0181 / Low: 0.0173). On the other end, August was the most stable month, with a tight range of 0.0001 GEL (High: 0.0181 / Low: 0.0181).

October Spread (Volatile) ±0.0008

August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and September, 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 September and October, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.0177) against the same month in 2011 (average: 0.0179), the exchange rate shifted by -0.0001 (-0.80%).

2012 Avg (July) 0.0177

2011 Avg (July) 0.0179

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0176	0.0175	0.0176
February	0.0176	0.0171	0.0174
March	0.0176	0.0172	0.0174
April	0.0173	0.0171	0.0172
May	0.0171	0.0170	0.0171
June	0.0173	0.0171	0.0172
July	0.0182	0.0174	0.0177
August	0.0181	0.0181	0.0181
September	0.0181	0.0181	0.0181
October	0.0181	0.0173	0.0176
November	0.0175	0.0173	0.0174
December	0.0174	0.0173	0.0173