2015 BGN to GEL Historical Review

YEARLY HIGH

1.4283 GEL

YEARLY LOW

0.9474 GEL

YEARLY AVERAGE

1.2501 GEL

2015 BGN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BGN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 1.4283. Conversely, the yearly low was recorded on March 15, dropping to 0.9474.

This high-to-low spread represents a total annual volatility of 0.4809 GEL. From a start-to-finish perspective, comparing the January average rate of 1.0500 to the December average rate of 1.3340, the exchange rate registered a net change of 27.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.4283 was up 13.97% compared to the 2014 peak of 1.2532, 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 7,141 GEL

2014 Average 5,975 GEL

Yearly Trough Low 4,737 GEL

Transaction Impact: A difference of 2,404.25 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.4138

0.9892

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 1.1685, compared to 1.3317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1632 points.

H1 Avg (Jan–Jun) 1.1685

H2 Avg (Jul–Dec) 1.3317

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.2975 GEL (High: 1.2449 / Low: 0.9474). On the other end, February was the most stable month, with a tight range of 0.0246 GEL (High: 1.0353 / Low: 1.0108).

March Spread (Volatile) ±0.2975

February Spread (Stable) ±0.0246

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 0.0545 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 1.3784) against the same month in 2014 (average: 1.1543), the exchange rate shifted by +0.2241 (+19.42%).

2015 Avg (September) 1.3784

2014 Avg (September) 1.1543

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0910	1.0077	1.0500
February	1.0353	1.0108	1.0246
March	1.2449	0.9474	1.0679
April	1.3267	1.2122	1.2493
May	1.3798	1.2704	1.3241
June	1.3153	1.2718	1.2953
July	1.2825	1.2522	1.2693
August	1.4161	1.2709	1.3233
September	1.4283	1.3461	1.3784
October	1.3978	1.3331	1.3699
November	1.3492	1.2959	1.3153
December	1.3481	1.2990	1.3340