2010 AZN to GEL Historical Review

YEARLY HIGH

2.3501 GEL

YEARLY LOW

2.1087 GEL

YEARLY AVERAGE

2.2188 GEL

2010 AZN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the AZN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 2.3501. Conversely, the yearly low was recorded on January 3, dropping to 2.1087.

This high-to-low spread represents a total annual volatility of 0.2414 GEL. From a start-to-finish perspective, comparing the January average rate of 2.1327 to the December average rate of 2.2081, the exchange rate registered a net change of 3.54% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 11,750 GEL

Yearly Average 11,094 GEL

Yearly Trough Low 10,543 GEL

Transaction Impact: A difference of 1,206.91 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

2.3262

2.1151

JanuMarcMayJulySeptNove

AZN 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 2.1845, compared to 2.2531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0686 points.

H1 Avg (Jan–Jun) 2.1845

H2 Avg (Jul–Dec) 2.2531

Volatility Range Comparison

Volatility

The most volatile month in 2010 was June, with a trading range of 0.1431 GEL (High: 2.3501 / Low: 2.2070). On the other end, July was the most stable month, with a tight range of 0.0160 GEL (High: 2.2990 / Low: 2.2830).

June Spread (Volatile) ±0.1431

July Spread (Stable) ±0.0160

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0436 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0436

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 2.3086.

2010 Avg (June) 2.3086

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1762	2.1087	2.1327
February	2.1670	2.1263	2.1473
March	2.1867	2.1203	2.1472
April	2.1787	2.1474	2.1751
May	2.2259	2.1252	2.1959
June	2.3501	2.2070	2.3086
July	2.2990	2.2830	2.2943
August	2.3031	2.2741	2.2902
September	2.3075	2.2423	2.2830
October	2.2591	2.2161	2.2394
November	2.2251	2.1918	2.2034
December	2.2226	2.1996	2.2081