2015 GEL to AFN Historical Review

YEARLY HIGH

33.0338 AFN

YEARLY LOW

24.8602 AFN

YEARLY AVERAGE

28.0178 AFN

2015 GEL to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GEL to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 33.0338. Conversely, the yearly low was recorded on May 13, dropping to 24.8602.

This high-to-low spread represents a total annual volatility of 8.1737 AFN. From a start-to-finish perspective, comparing the January average rate of 32.6900 to the December average rate of 28.2054, the exchange rate registered a net change of -13.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 33.0338 was down 0.14% compared to the 2014 peak of 33.0815, 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 165,169 AFN

2014 Average 161,895 AFN

Yearly Trough Low 124,301 AFN

Transaction Impact: A difference of 40,868.26 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

33.4236

24.6204

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 28.7822, compared to 27.2534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5289 points.

H1 Avg (Jan–Jun) 28.7822

H2 Avg (Jul–Dec) 27.2534

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 6.9021 AFN (High: 32.7757 / Low: 25.8737). On the other end, February was the most stable month, with a tight range of 0.2492 AFN (High: 32.6185 / Low: 32.3693).

March Spread (Volatile) ±6.9021

February Spread (Stable) ±0.2492

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 4.6477 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.6477

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 32.6900) against the same month in 2014 (average: 31.9151), the exchange rate shifted by +0.7748 (+2.43%).

2015 Avg (January) 32.6900

2014 Avg (January) 31.9151

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.0338	32.3941	32.6900
February	32.6185	32.3693	32.4796
March	32.7757	25.8737	30.2609
April	25.8320	24.9351	25.6132
May	26.3311	24.8602	25.3540
June	27.0904	25.6549	26.2956
July	27.1457	26.6651	26.8884
August	27.7382	26.5461	27.1697
September	27.3710	26.0594	26.6006
October	27.2139	26.7922	26.9834
November	28.3867	27.0360	27.6725
December	28.7183	27.7343	28.2054