2015 AZN to GEL Historical Review

YEARLY HIGH

2.3295 GEL

YEARLY LOW

1.5327 GEL

YEARLY AVERAGE

2.1701 GEL

2015 AZN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the AZN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 2.3295. Conversely, the yearly low was recorded on December 30, dropping to 1.5327.

This high-to-low spread represents a total annual volatility of 0.7967 GEL. From a start-to-finish perspective, comparing the January average rate of 2.2520 to the December average rate of 2.0911, the exchange rate registered a net change of -7.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.3295 was down 0.29% compared to the 2014 peak of 2.3362, 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 11,647 GEL

2014 Average 11,226 GEL

Yearly Trough Low 7,664 GEL

Transaction Impact: A difference of 3,983.72 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.3337

1.7953

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 2.1227, compared to 2.2175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0948 points.

H1 Avg (Jan–Jun) 2.1227

H2 Avg (Jul–Dec) 2.2175

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.7649 GEL (High: 2.2977 / Low: 1.5327). On the other end, January was the most stable month, with a tight range of 0.0025 GEL (High: 2.2533 / Low: 2.2508).

December Spread (Volatile) ±0.7649

January Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2913 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2913

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 2.2841) against the same month in 2014 (average: 2.2352), the exchange rate shifted by +0.0489 (+2.19%).

2015 Avg (September) 2.2841

2014 Avg (September) 2.2352

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2533	2.2508	2.2520
February	2.2544	1.6838	2.1315
March	2.1340	1.6827	1.8402
April	2.2122	2.1228	2.1499
May	2.2525	2.1640	2.2103
June	2.1940	2.1336	2.1523
July	2.1668	2.1372	2.1480
August	2.2899	2.1606	2.2120
September	2.3295	2.2497	2.2841
October	2.3005	2.2622	2.2811
November	2.2994	2.2805	2.2888
December	2.2977	1.5327	2.0911