2013 AZN to GEL Historical Review

YEARLY HIGH

2.2291 GEL

YEARLY LOW

2.0818 GEL

YEARLY AVERAGE

2.1221 GEL

2013 AZN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the AZN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.2291. Conversely, the yearly low was recorded on May 20, dropping to 2.0818.

This high-to-low spread represents a total annual volatility of 0.1474 GEL. From a start-to-finish perspective, comparing the January average rate of 2.1122 to the December average rate of 2.2094, the exchange rate registered a net change of 4.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.2291 was up 1.09% compared to the 2012 peak of 2.2051, 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 11,146 GEL

2012 Average 10,630 GEL

Yearly Trough Low 10,409 GEL

Transaction Impact: A difference of 736.93 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.2212

2.0797

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 2.1075, compared to 2.1367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0291 points.

H1 Avg (Jan–Jun) 2.1075

H2 Avg (Jul–Dec) 2.1367

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0690 GEL (High: 2.2291 / Low: 2.1602). On the other end, July was the most stable month, with a tight range of 0.0049 GEL (High: 2.1125 / Low: 2.1076).

December Spread (Volatile) ±0.0690

July Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0160 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 2.2094) against the same month in 2012 (average: 2.1144), the exchange rate shifted by +0.0950 (+4.49%).

2013 Avg (December) 2.2094

2012 Avg (December) 2.1144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1190	2.1098	2.1122
February	2.1164	2.1068	2.1102
March	2.1172	2.1111	2.1134
April	2.1125	2.1021	2.1075
May	2.1044	2.0818	2.0915
June	2.1312	2.0975	2.1104
July	2.1125	2.1076	2.1101
August	2.1236	2.1083	2.1182
September	2.1245	2.1119	2.1180
October	2.1311	2.1187	2.1234
November	2.1602	2.1315	2.1409
December	2.2291	2.1602	2.2094