2012 BAM to GEL Historical Review

YEARLY HIGH

1.1579 GEL

YEARLY LOW

1.0290 GEL

YEARLY AVERAGE

1.0967 GEL

2012 BAM to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BAM to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 1.1579. Conversely, the yearly low was recorded on May 31, dropping to 1.0290.

This high-to-low spread represents a total annual volatility of 0.1289 GEL. From a start-to-finish perspective, comparing the January average rate of 1.1004 to the December average rate of 1.1117, the exchange rate registered a net change of 1.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.1579 was down 9.65% compared to the 2011 peak of 1.2815, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,790 GEL

2011 Average 5,991 GEL

Yearly Trough Low 5,145 GEL

Transaction Impact: A difference of 644.71 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.1453

1.0369

JanuMarcMayJulySeptNove

BAM 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 1.0902, compared to 1.1031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 1.0902

H2 Avg (Jul–Dec) 1.1031

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0713 GEL (High: 1.1002 / Low: 1.0290). On the other end, November was the most stable month, with a tight range of 0.0199 GEL (High: 1.1000 / Low: 1.0801).

May Spread (Volatile) ±0.0713

November Spread (Stable) ±0.0199

Growth Streaks & Declines

Trends

Between June and September, 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 0.0366 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2012: 1.1363) against the same month in 2011 (average: 1.1698), the exchange rate shifted by -0.0335 (-2.86%).

2012 Avg (September) 1.1363

2011 Avg (September) 1.1698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1235	1.0818	1.1004
February	1.1348	1.0984	1.1199
March	1.1278	1.0985	1.1133
April	1.1225	1.0929	1.0993
May	1.1002	1.0290	1.0627
June	1.0601	1.0294	1.0459
July	1.0882	1.0592	1.0773
August	1.1107	1.0749	1.0929
September	1.1579	1.1094	1.1363
October	1.1527	1.0947	1.1109
November	1.1000	1.0801	1.0893
December	1.1203	1.0987	1.1117