2015 GEL to BTN Historical Review

YEARLY HIGH

35.9976 BTN

YEARLY LOW

26.7696 BTN

YEARLY AVERAGE

29.4174 BTN

2015 GEL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GEL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 35.9976. Conversely, the yearly low was recorded on September 21, dropping to 26.7696.

This high-to-low spread represents a total annual volatility of 9.2280 BTN. From a start-to-finish perspective, comparing the January average rate of 35.2422 to the December average rate of 27.8036, the exchange rate registered a net change of -21.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 35.9976 was down 0.18% compared to the 2014 peak of 36.0643, 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 179,988 BTN

2014 Average 173,316 BTN

Yearly Trough Low 133,848 BTN

Transaction Impact: A difference of 46,139.97 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

36.0430

26.4335

JanuMarcMayJulySeptNove

GEL to BTN 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 31.1030, compared to 27.7318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3711 points.

H1 Avg (Jan–Jun) 31.1030

H2 Avg (Jul–Dec) 27.7318

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 7.7878 BTN (High: 35.6845 / Low: 27.8966). On the other end, February was the most stable month, with a tight range of 0.3326 BTN (High: 35.2935 / Low: 34.9609).

March Spread (Volatile) ±7.7878

February Spread (Stable) ±0.3326

Growth Streaks & Declines

Trends

Between October and December, 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 5.0540 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -5.0540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 35.2422) against the same month in 2014 (average: 35.2117), the exchange rate shifted by +0.0305 (+0.09%).

2015 Avg (January) 35.2422

2014 Avg (January) 35.2117

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.9976	34.7630	35.2422
February	35.2935	34.9609	35.1398
March	35.6845	27.8966	32.7856
April	27.9322	27.2934	27.7315
May	28.0088	26.9301	27.4654
June	28.6742	27.5231	28.2532
July	28.4185	27.9414	28.1916
August	28.2096	27.5320	27.9925
September	28.1648	26.7696	27.6176
October	27.5002	26.8468	27.2343
November	27.8165	27.3010	27.5515
December	28.1014	27.4580	27.8036