2012 CVE to GEL Historical Review

YEARLY HIGH

0.0206 GEL

YEARLY LOW

0.0183 GEL

YEARLY AVERAGE

0.0194 GEL

2012 CVE to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the CVE to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0206. Conversely, the yearly low was recorded on May 31, dropping to 0.0183.

This high-to-low spread represents a total annual volatility of 0.0023 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0195 to the December average rate of 0.0197, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0206 was down 9.53% compared to the 2011 peak of 0.0227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 103 GEL

2011 Average 106 GEL

Yearly Trough Low 91 GEL

Transaction Impact: A difference of 11.57 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0203

0.0184

JanuMarcMayJulySeptNove

CVE 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 0.0193, compared to 0.0195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0193

H2 Avg (Jul–Dec) 0.0195

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0013 GEL (High: 0.0196 / Low: 0.0183). On the other end, November was the most stable month, with a tight range of 0.0004 GEL (High: 0.0195 / Low: 0.0191).

May Spread (Volatile) ±0.0013

November Spread (Stable) ±0.0004

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 April and May, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2012: 0.0202) against the same month in 2011 (average: 0.0208), the exchange rate shifted by -0.0006 (-2.98%).

2012 Avg (September) 0.0202

2011 Avg (September) 0.0208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0199	0.0192	0.0195
February	0.0201	0.0195	0.0198
March	0.0200	0.0195	0.0197
April	0.0199	0.0194	0.0195
May	0.0196	0.0183	0.0189
June	0.0188	0.0183	0.0185
July	0.0192	0.0187	0.0190
August	0.0196	0.0190	0.0193
September	0.0206	0.0196	0.0202
October	0.0205	0.0194	0.0197
November	0.0195	0.0191	0.0193
December	0.0199	0.0195	0.0197