2015 GEL to BGN Historical Review

YEARLY HIGH

1.0555 BGN

YEARLY LOW

0.7002 BGN

YEARLY AVERAGE

0.8097 BGN

2015 GEL to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GEL to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 1.0555. Conversely, the yearly low was recorded on September 17, dropping to 0.7002.

This high-to-low spread represents a total annual volatility of 0.3554 BGN. From a start-to-finish perspective, comparing the January average rate of 0.9529 to the December average rate of 0.7497, the exchange rate registered a net change of -21.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.0555 was up 15.61% compared to the 2014 peak of 0.9130, 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 5,278 BGN

2014 Average 4,190 BGN

Yearly Trough Low 3,501 BGN

Transaction Impact: A difference of 1,776.79 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.0011

0.7007

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 0.8677, compared to 0.7517 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1161 points.

H1 Avg (Jan–Jun) 0.8677

H2 Avg (Jul–Dec) 0.7517

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.2523 BGN (High: 1.0555 / Low: 0.8033). On the other end, July was the most stable month, with a tight range of 0.0189 BGN (High: 0.7986 / Low: 0.7797).

March Spread (Volatile) ±0.2523

July Spread (Stable) ±0.0189

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 0.1482 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1482

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 0.9490) against the same month in 2014 (average: 0.8090), the exchange rate shifted by +0.1399 (+17.29%).

2015 Avg (March) 0.9490

2014 Avg (March) 0.8090

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9924	0.9166	0.9529
February	0.9893	0.9659	0.9760
March	1.0555	0.8033	0.9490
April	0.8250	0.7538	0.8008
May	0.7871	0.7247	0.7557
June	0.7863	0.7603	0.7721
July	0.7986	0.7797	0.7879
August	0.7868	0.7062	0.7563
September	0.7429	0.7002	0.7257
October	0.7501	0.7154	0.7301
November	0.7716	0.7412	0.7603
December	0.7698	0.7418	0.7497