2015 BND to GEL Historical Review

YEARLY HIGH

1.7849 GEL

YEARLY LOW

1.2675 GEL

YEARLY AVERAGE

1.6030 GEL

2015 BND to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BND to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 1.7849. Conversely, the yearly low was recorded on March 15, dropping to 1.2675.

This high-to-low spread represents a total annual volatility of 0.5173 GEL. From a start-to-finish perspective, comparing the January average rate of 1.3203 to the December average rate of 1.7015, the exchange rate registered a net change of 28.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.7849 was up 25.46% compared to the 2014 peak of 1.4226, 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 8,924 GEL

2014 Average 6,948 GEL

Yearly Trough Low 6,338 GEL

Transaction Impact: A difference of 2,586.69 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.7834

1.2588

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 1.5197, compared to 1.6864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1667 points.

H1 Avg (Jan–Jun) 1.5197

H2 Avg (Jul–Dec) 1.6864

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.3605 GEL (High: 1.6281 / Low: 1.2675). On the other end, February was the most stable month, with a tight range of 0.0181 GEL (High: 1.3139 / Low: 1.2958).

March Spread (Volatile) ±0.3605

February Spread (Stable) ±0.0181

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 May and June, when the average rate fell by 0.0610 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0610

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 1.7397) against the same month in 2014 (average: 1.4084), the exchange rate shifted by +0.3313 (+23.52%).

2015 Avg (May) 1.7397

2014 Avg (May) 1.4084

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3311	1.3031	1.3203
February	1.3139	1.2958	1.3025
March	1.6281	1.2675	1.4013
April	1.7549	1.6356	1.6755
May	1.7849	1.6897	1.7397
June	1.7073	1.6638	1.6787
July	1.6657	1.6424	1.6581
August	1.7164	1.6448	1.6632
September	1.7571	1.6551	1.6954
October	1.7306	1.6687	1.7039
November	1.7130	1.6780	1.6963
December	1.7221	1.6893	1.7015