2012 BIF to GEL Historical Review

YEARLY HIGH

0.0013 GEL

YEARLY LOW

0.0011 GEL

YEARLY AVERAGE

0.0012 GEL

2012 BIF to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BIF to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.0013. Conversely, the yearly low was recorded on December 24, dropping to 0.0011.

This high-to-low spread represents a total annual volatility of 0.0002 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0013 to the December average rate of 0.0011, the exchange rate registered a net change of -15.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0013 was down 18.79% compared to the 2011 peak of 0.0016, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6 GEL

2011 Average 7 GEL

Yearly Trough Low 5 GEL

Transaction Impact: A difference of 1.13 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0013

0.0011

JanuMarcMayJulySeptNove

BIF 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 0.0012, compared to 0.0012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0012

H2 Avg (Jul–Dec) 0.0012

Volatility Range Comparison

Volatility

The most volatile month in 2012 was April, with a trading range of 0.0001 GEL (High: 0.0013 / Low: 0.0012). On the other end, August was the most stable month, with a tight range of 0.0000 GEL (High: 0.0012 / Low: 0.0012).

April Spread (Volatile) ±0.0001

August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2012. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 0.0013) against the same month in 2011 (average: 0.0016), the exchange rate shifted by -0.0003 (-18.77%).

2012 Avg (January) 0.0013

2011 Avg (January) 0.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0013	0.0013	0.0013
February	0.0013	0.0012	0.0013
March	0.0013	0.0013	0.0013
April	0.0013	0.0012	0.0012
May	0.0012	0.0011	0.0012
June	0.0012	0.0011	0.0012
July	0.0012	0.0012	0.0012
August	0.0012	0.0012	0.0012
September	0.0012	0.0012	0.0012
October	0.0012	0.0011	0.0011
November	0.0011	0.0011	0.0011
December	0.0011	0.0011	0.0011