2012 GEL to AFN Historical Review

YEARLY HIGH

31.8941 AFN

YEARLY LOW

27.3455 AFN

YEARLY AVERAGE

29.3878 AFN

2012 GEL to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GEL to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 31.8941. Conversely, the yearly low was recorded on January 8, dropping to 27.3455.

This high-to-low spread represents a total annual volatility of 4.5486 AFN. From a start-to-finish perspective, comparing the January average rate of 27.6321 to the December average rate of 31.0202, the exchange rate registered a net change of 12.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 31.8941 was up 9.11% compared to the 2011 peak of 29.2315, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159,471 AFN

2011 Average 131,484 AFN

Yearly Trough Low 136,728 AFN

Transaction Impact: A difference of 22,743.16 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

31.8129

27.2520

JanuMarcMayJulySeptNove

GEL to AFN 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 29.1373, compared to 29.6383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5010 points.

H1 Avg (Jan–Jun) 29.1373

H2 Avg (Jul–Dec) 29.6383

Volatility Range Comparison

Volatility

The most volatile month in 2012 was February, with a trading range of 2.4095 AFN (High: 30.0760 / Low: 27.6664). On the other end, August was the most stable month, with a tight range of 0.1803 AFN (High: 28.1171 / Low: 27.9368).

February Spread (Volatile) ±2.4095

August Spread (Stable) ±0.1803

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.3909 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.3909

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 31.4328) against the same month in 2011 (average: 29.0414), the exchange rate shifted by +2.3914 (+8.23%).

2012 Avg (November) 31.4328

2011 Avg (November) 29.0414

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.7549	27.3455	27.6321
February	30.0760	27.6664	29.0582
March	29.9248	28.9927	29.3099
April	29.7217	29.3000	29.5363
May	29.8268	29.6083	29.7320
June	29.6743	29.3704	29.5553
July	28.9965	27.8722	28.1643
August	28.1171	27.9368	28.0190
September	29.3759	27.8624	28.4931
October	31.2207	29.3334	30.7002
November	31.8941	31.1248	31.4328
December	31.3491	30.6036	31.0202