2012 AZN to GEL Historical Review

YEARLY HIGH

2.2051 GEL

YEARLY LOW

2.0620 GEL

YEARLY AVERAGE

2.1258 GEL

2012 AZN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the AZN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 2.2051. Conversely, the yearly low was recorded on May 14, dropping to 2.0620.

This high-to-low spread represents a total annual volatility of 0.1431 GEL. From a start-to-finish perspective, comparing the January average rate of 2.1237 to the December average rate of 2.1144, the exchange rate registered a net change of -0.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.2051 was down 2.96% compared to the 2011 peak of 2.2724, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,025 GEL

2011 Average 10,678 GEL

Yearly Trough Low 10,310 GEL

Transaction Impact: A difference of 715.41 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.2141

2.0552

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 2.0935, compared to 2.1581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0645 points.

H1 Avg (Jan–Jun) 2.0935

H2 Avg (Jul–Dec) 2.1581

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 0.0949 GEL (High: 2.2051 / Low: 2.1102). On the other end, September was the most stable month, with a tight range of 0.0063 GEL (High: 2.2043 / Low: 2.1979).

October Spread (Volatile) ±0.0949

September Spread (Stable) ±0.0063

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 0.0664 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0664

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2012: 2.1345) against the same month in 2011 (average: 2.1100), the exchange rate shifted by +0.0245 (+1.16%).

2012 Avg (October) 2.1345

2011 Avg (October) 2.1100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1278	2.1177	2.1237
February	2.1243	2.0662	2.1091
March	2.1212	2.0839	2.0994
April	2.0971	2.0700	2.0804
May	2.0774	2.0620	2.0684
June	2.0930	2.0736	2.0801
July	2.2039	2.1206	2.1840
August	2.2024	2.1947	2.1972
September	2.2043	2.1979	2.2009
October	2.2051	2.1102	2.1345
November	2.1268	2.1116	2.1173
December	2.1209	2.1067	2.1144