2012 BND to GEL Historical Review

YEARLY HIGH

1.4168 GEL

YEARLY LOW

1.2616 GEL

YEARLY AVERAGE

1.3371 GEL

2012 BND to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BND to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 1.4168. Conversely, the yearly low was recorded on June 3, dropping to 1.2616.

This high-to-low spread represents a total annual volatility of 0.1551 GEL. From a start-to-finish perspective, comparing the January average rate of 1.3048 to the December average rate of 1.3599, the exchange rate registered a net change of 4.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.4168 was up 0.02% compared to the 2011 peak of 1.4164, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,084 GEL

2011 Average 6,707 GEL

Yearly Trough Low 6,308 GEL

Transaction Impact: A difference of 775.70 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.4169

1.2654

JanuMarcMayJulySeptNove

BND 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 1.3017, compared to 1.3725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0708 points.

H1 Avg (Jan–Jun) 1.3017

H2 Avg (Jul–Dec) 1.3725

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0731 GEL (High: 1.3894 / Low: 1.3163). On the other end, November was the most stable month, with a tight range of 0.0115 GEL (High: 1.3647 / Low: 1.3533).

July Spread (Volatile) ±0.0731

November Spread (Stable) ±0.0115

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 September and October, when the average rate fell by 0.0348 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2012: 1.4043) against the same month in 2011 (average: 1.3374), the exchange rate shifted by +0.0669 (+5.00%).

2012 Avg (September) 1.4043

2011 Avg (September) 1.3374

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3321	1.2874	1.3048
February	1.3438	1.2905	1.3219
March	1.3320	1.2940	1.3114
April	1.3175	1.2987	1.3072
May	1.3175	1.2628	1.2871
June	1.2986	1.2616	1.2780
July	1.3894	1.3163	1.3604
August	1.3933	1.3748	1.3831
September	1.4168	1.3851	1.4043
October	1.4141	1.3497	1.3695
November	1.3647	1.3533	1.3582
December	1.3674	1.3538	1.3599