2012 GEL to AZN Historical Review

YEARLY HIGH

0.4850 AZN

YEARLY LOW

0.4535 AZN

YEARLY AVERAGE

0.4706 AZN

2012 GEL to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GEL to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 0.4850. Conversely, the yearly low was recorded on October 7, dropping to 0.4535.

This high-to-low spread represents a total annual volatility of 0.0315 AZN. From a start-to-finish perspective, comparing the January average rate of 0.4709 to the December average rate of 0.4729, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.4850 was up 0.47% compared to the 2011 peak of 0.4827, 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 2,425 AZN

2011 Average 2,343 AZN

Yearly Trough Low 2,267 AZN

Transaction Impact: A difference of 157.34 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.4864

0.4515

JanuMarcMayJulySeptNove

GEL to AZN 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 0.4777, compared to 0.4636 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 0.4777

H2 Avg (Jul–Dec) 0.4636

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 0.0204 AZN (High: 0.4739 / Low: 0.4535). On the other end, September was the most stable month, with a tight range of 0.0013 AZN (High: 0.4550 / Low: 0.4537).

October Spread (Volatile) ±0.0204

September Spread (Stable) ±0.0013

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 0.0228 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2012: 0.4835) against the same month in 2011 (average: 0.4713), the exchange rate shifted by +0.0122 (+2.58%).

2012 Avg (May) 0.4835

2011 Avg (May) 0.4713

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4722	0.4700	0.4709
February	0.4840	0.4708	0.4742
March	0.4799	0.4714	0.4763
April	0.4831	0.4769	0.4807
May	0.4850	0.4814	0.4835
June	0.4822	0.4778	0.4808
July	0.4716	0.4537	0.4579
August	0.4557	0.4541	0.4551
September	0.4550	0.4537	0.4544
October	0.4739	0.4535	0.4686
November	0.4736	0.4702	0.4723
December	0.4747	0.4715	0.4729