2012 BGN to GEL Historical Review

YEARLY HIGH

1.1565 GEL

YEARLY LOW

1.0251 GEL

YEARLY AVERAGE

1.0967 GEL

2012 BGN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BGN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 1.1565. Conversely, the yearly low was recorded on June 3, dropping to 1.0251.

This high-to-low spread represents a total annual volatility of 0.1314 GEL. From a start-to-finish perspective, comparing the January average rate of 1.1003 to the December average rate of 1.1126, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.1565 was down 9.80% compared to the 2011 peak of 1.2822, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,782 GEL

2011 Average 5,996 GEL

Yearly Trough Low 5,126 GEL

Transaction Impact: A difference of 656.91 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.1447

1.0353

JanuMarcMayJulySeptNove

BGN 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 1.0901, compared to 1.1033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0132 points.

H1 Avg (Jan–Jun) 1.0901

H2 Avg (Jul–Dec) 1.1033

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0680 GEL (High: 1.0990 / Low: 1.0310). On the other end, November was the most stable month, with a tight range of 0.0214 GEL (High: 1.1010 / Low: 1.0796).

May Spread (Volatile) ±0.0680

November Spread (Stable) ±0.0214

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 0.0351 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2012: 1.1356) against the same month in 2011 (average: 1.1710), the exchange rate shifted by -0.0354 (-3.02%).

2012 Avg (September) 1.1356

2011 Avg (September) 1.1710

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1240	1.0824	1.1003
February	1.1377	1.0979	1.1196
March	1.1268	1.0994	1.1128
April	1.1222	1.0915	1.0993
May	1.0990	1.0310	1.0641
June	1.0573	1.0251	1.0444
July	1.0876	1.0595	1.0777
August	1.1130	1.0819	1.0930
September	1.1565	1.1105	1.1356
October	1.1513	1.0945	1.1114
November	1.1010	1.0796	1.0896
December	1.1231	1.0996	1.1126