2012 GEL to BGN Historical Review

YEARLY HIGH

0.9755 BGN

YEARLY LOW

0.8647 BGN

YEARLY AVERAGE

0.9124 BGN

2012 GEL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GEL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 0.9755. Conversely, the yearly low was recorded on September 16, dropping to 0.8647.

This high-to-low spread represents a total annual volatility of 0.1108 BGN. From a start-to-finish perspective, comparing the January average rate of 0.9090 to the December average rate of 0.8988, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.9755 was up 7.22% compared to the 2011 peak of 0.9098, 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 4,878 BGN

2011 Average 4,175 BGN

Yearly Trough Low 4,323 BGN

Transaction Impact: A difference of 554.10 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.9652

0.8730

JanuMarcMayJulySeptNove

GEL to BGN 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 0.9180, compared to 0.9067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0113 points.

H1 Avg (Jan–Jun) 0.9180

H2 Avg (Jul–Dec) 0.9067

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0600 BGN (High: 0.9700 / Low: 0.9099). On the other end, November was the most stable month, with a tight range of 0.0180 BGN (High: 0.9263 / Low: 0.9083).

May Spread (Volatile) ±0.0600

November Spread (Stable) ±0.0180

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 0.0343 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2012: 0.9576) against the same month in 2011 (average: 0.8219), the exchange rate shifted by +0.1356 (+16.50%).

2012 Avg (June) 0.9576

2011 Avg (June) 0.8219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9239	0.8897	0.9090
February	0.9108	0.8790	0.8932
March	0.9096	0.8874	0.8987
April	0.9161	0.8911	0.9097
May	0.9700	0.9099	0.9400
June	0.9755	0.9458	0.9576
July	0.9438	0.9195	0.9280
August	0.9243	0.8985	0.9150
September	0.9005	0.8647	0.8807
October	0.9137	0.8686	0.9000
November	0.9263	0.9083	0.9178
December	0.9094	0.8904	0.8988