2013 GEL to BGN Historical Review

YEARLY HIGH

0.9315 BGN

YEARLY LOW

0.8123 BGN

YEARLY AVERAGE

0.8857 BGN

2013 GEL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the GEL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.9315. Conversely, the yearly low was recorded on December 30, dropping to 0.8123.

This high-to-low spread represents a total annual volatility of 0.1192 BGN. From a start-to-finish perspective, comparing the January average rate of 0.8879 to the December average rate of 0.8247, the exchange rate registered a net change of -7.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.9315 was down 4.51% compared to the 2012 peak of 0.9755, 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 4,658 BGN

2012 Average 4,562 BGN

Yearly Trough Low 4,062 BGN

Transaction Impact: A difference of 595.99 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.9283

0.8153

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 0.9012, compared to 0.8702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0310 points.

H1 Avg (Jan–Jun) 0.9012

H2 Avg (Jul–Dec) 0.8702

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0388 BGN (High: 0.8511 / Low: 0.8123). On the other end, August was the most stable month, with a tight range of 0.0140 BGN (High: 0.8943 / Low: 0.8802).

December Spread (Volatile) ±0.0388

August Spread (Stable) ±0.0140

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0393 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2013: 0.9189) against the same month in 2012 (average: 0.9400), the exchange rate shifted by -0.0212 (-2.25%).

2013 Avg (May) 0.9189

2012 Avg (May) 0.9400

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9032	0.8715	0.8879
February	0.9038	0.8661	0.8846
March	0.9216	0.9034	0.9103
April	0.9217	0.9003	0.9089
May	0.9315	0.9023	0.9189
June	0.9153	0.8842	0.8967
July	0.9210	0.8903	0.9039
August	0.8943	0.8802	0.8847
September	0.8961	0.8700	0.8822
October	0.8701	0.8500	0.8618
November	0.8728	0.8498	0.8640
December	0.8511	0.8123	0.8247