2013 BGN to GEL Historical Review

YEARLY HIGH

1.2311 GEL

YEARLY LOW

1.0735 GEL

YEARLY AVERAGE

1.1301 GEL

2013 BGN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the BGN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.2311. Conversely, the yearly low was recorded on May 19, dropping to 1.0735.

This high-to-low spread represents a total annual volatility of 0.1575 GEL. From a start-to-finish perspective, comparing the January average rate of 1.1264 to the December average rate of 1.2127, the exchange rate registered a net change of 7.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.2311 was up 6.45% compared to the 2012 peak of 1.1565, 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 6,155 GEL

2012 Average 5,483 GEL

Yearly Trough Low 5,368 GEL

Transaction Impact: A difference of 787.65 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.2251

1.0760

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 1.1099, compared to 1.1502 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0402 points.

H1 Avg (Jan–Jun) 1.1099

H2 Avg (Jul–Dec) 1.1502

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0561 GEL (High: 1.2311 / Low: 1.1750). On the other end, August was the most stable month, with a tight range of 0.0178 GEL (High: 1.1361 / Low: 1.1182).

December Spread (Volatile) ±0.0561

August Spread (Stable) ±0.0178

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0320 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 1.2127) against the same month in 2012 (average: 1.1126), the exchange rate shifted by +0.1001 (+8.99%).

2013 Avg (December) 1.2127

2012 Avg (December) 1.1126

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1474	1.1072	1.1264
February	1.1547	1.1064	1.1306
March	1.1069	1.0850	1.0986
April	1.1108	1.0850	1.1003
May	1.1083	1.0735	1.0884
June	1.1309	1.0926	1.1153
July	1.1232	1.0857	1.1064
August	1.1361	1.1182	1.1304
September	1.1494	1.1160	1.1337
October	1.1765	1.1493	1.1605
November	1.1768	1.1458	1.1575
December	1.2311	1.1750	1.2127