2015 GEL to BBD Historical Review

YEARLY HIGH

1.1328 BBD

YEARLY LOW

0.8139 BBD

YEARLY AVERAGE

0.9198 BBD

2015 GEL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GEL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.1328. Conversely, the yearly low was recorded on September 21, dropping to 0.8139.

This high-to-low spread represents a total annual volatility of 0.3189 BBD. From a start-to-finish perspective, comparing the January average rate of 1.1328 to the December average rate of 0.8355, the exchange rate registered a net change of -26.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.1328 was down 1.40% compared to the 2014 peak of 1.1489, 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 5,664 BBD

2014 Average 5,681 BBD

Yearly Trough Low 4,070 BBD

Transaction Impact: A difference of 1,594.57 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.1627

0.8040

JanuMarcMayJulySeptNove

GEL to BBD 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 0.9915, compared to 0.8481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1434 points.

H1 Avg (Jan–Jun) 0.9915

H2 Avg (Jul–Dec) 0.8481

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.2378 BBD (High: 1.1328 / Low: 0.8950). On the other end, February was the most stable month, with a tight range of 0.0000 BBD (High: 1.1328 / Low: 1.1328).

March Spread (Volatile) ±0.2378

February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1645 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1645

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 1.1328) against the same month in 2014 (average: 1.1345), the exchange rate shifted by -0.0017 (-0.15%).

2015 Avg (January) 1.1328

2014 Avg (January) 1.1345

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1328	1.1328	1.1328
February	1.1328	1.1328	1.1328
March	1.1328	0.8950	1.0498
April	0.8925	0.8614	0.8853
May	0.8810	0.8465	0.8624
June	0.8932	0.8680	0.8859
July	0.8913	0.8788	0.8865
August	0.8801	0.8313	0.8610
September	0.8471	0.8139	0.8339
October	0.8445	0.8303	0.8375
November	0.8371	0.8303	0.8340
December	0.8417	0.8292	0.8355