2012 GEL to BAM Historical Review

YEARLY HIGH

0.9718 BAM

YEARLY LOW

0.8636 BAM

YEARLY AVERAGE

0.9124 BAM

2012 GEL to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GEL to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.9718. Conversely, the yearly low was recorded on September 14, dropping to 0.8636.

This high-to-low spread represents a total annual volatility of 0.1082 BAM. From a start-to-finish perspective, comparing the January average rate of 0.9089 to the December average rate of 0.8995, the exchange rate registered a net change of -1.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.9718 was up 6.77% compared to the 2011 peak of 0.9103, 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 4,859 BAM

2011 Average 4,178 BAM

Yearly Trough Low 4,318 BAM

Transaction Impact: A difference of 541.11 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.9637

0.8726

JanuMarcMayJulySeptNove

GEL to BAM 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 0.9179, compared to 0.9069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.9179

H2 Avg (Jul–Dec) 0.9069

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0629 BAM (High: 0.9718 / Low: 0.9089). On the other end, November was the most stable month, with a tight range of 0.0167 BAM (High: 0.9258 / Low: 0.9091).

May Spread (Volatile) ±0.0629

November Spread (Stable) ±0.0167

Growth Streaks & Declines

Trends

Between February and June, 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 August and September, when the average rate fell by 0.0349 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2012: 0.9413) against the same month in 2011 (average: 0.8146), the exchange rate shifted by +0.1268 (+15.56%).

2012 Avg (May) 0.9413

2011 Avg (May) 0.8146

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9244	0.8901	0.9089
February	0.9105	0.8812	0.8930
March	0.9103	0.8867	0.8983
April	0.9150	0.8908	0.9097
May	0.9718	0.9089	0.9413
June	0.9714	0.9433	0.9561
July	0.9442	0.9190	0.9283
August	0.9303	0.9003	0.9151
September	0.9014	0.8636	0.8802
October	0.9135	0.8675	0.9004
November	0.9258	0.9091	0.9180
December	0.9102	0.8926	0.8995