2015 AOA to GEL Historical Review

YEARLY HIGH

0.0216 GEL

YEARLY LOW

0.0165 GEL

YEARLY AVERAGE

0.0185 GEL

2015 AOA to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the AOA to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 0.0216. Conversely, the yearly low was recorded on March 20, dropping to 0.0165.

This high-to-low spread represents a total annual volatility of 0.0051 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0171 to the December average rate of 0.0177, the exchange rate registered a net change of 3.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0216 was up 18.49% compared to the 2014 peak of 0.0182, 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 108 GEL

2014 Average 90 GEL

Yearly Trough Low 82 GEL

Transaction Impact: A difference of 25.53 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0216

0.0163

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 0.0189, compared to 0.0180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0189

H2 Avg (Jul–Dec) 0.0180

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0043 GEL (High: 0.0208 / Low: 0.0165). On the other end, November was the most stable month, with a tight range of 0.0001 GEL (High: 0.0178 / Low: 0.0177).

March Spread (Volatile) ±0.0043

November Spread (Stable) ±0.0001

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 May and June, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 0.0212) against the same month in 2014 (average: 0.0180), the exchange rate shifted by +0.0031 (+17.30%).

2015 Avg (May) 0.0212

2014 Avg (May) 0.0180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0171	0.0170	0.0171
February	0.0170	0.0166	0.0168
March	0.0208	0.0165	0.0180
April	0.0213	0.0206	0.0208
May	0.0216	0.0207	0.0212
June	0.0209	0.0185	0.0196
July	0.0185	0.0179	0.0181
August	0.0191	0.0180	0.0185
September	0.0193	0.0175	0.0184
October	0.0177	0.0174	0.0176
November	0.0178	0.0177	0.0177
December	0.0178	0.0176	0.0177