2015 GEL to BZD Historical Review

YEARLY HIGH

1.1371 BZD

YEARLY LOW

0.8118 BZD

YEARLY AVERAGE

0.9197 BZD

2015 GEL to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GEL to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 1.1371. Conversely, the yearly low was recorded on September 21, dropping to 0.8118.

This high-to-low spread represents a total annual volatility of 0.3253 BZD. From a start-to-finish perspective, comparing the January average rate of 1.1323 to the December average rate of 0.8327, the exchange rate registered a net change of -26.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.1371 was down 1.07% compared to the 2014 peak of 1.1494, 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 5,686 BZD

2014 Average 5,677 BZD

Yearly Trough Low 4,059 BZD

Transaction Impact: A difference of 1,626.60 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.1623

0.8019

JanuMarcMayJulySeptNove

GEL to BZD 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 0.9911, compared to 0.8483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1428 points.

H1 Avg (Jan–Jun) 0.9911

H2 Avg (Jul–Dec) 0.8483

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.2397 BZD (High: 1.1336 / Low: 0.8939). On the other end, February was the most stable month, with a tight range of 0.0056 BZD (High: 1.1346 / Low: 1.1291).

March Spread (Volatile) ±0.2397

February Spread (Stable) ±0.0056

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 0.1647 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1647

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2015: 1.1323) against the same month in 2014 (average: 1.1311), the exchange rate shifted by +0.0012 (+0.10%).

2015 Avg (January) 1.1323

2014 Avg (January) 1.1311

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1371	1.1292	1.1323
February	1.1346	1.1291	1.1318
March	1.1336	0.8939	1.0487
April	0.8920	0.8603	0.8840
May	0.8801	0.8462	0.8615
June	0.8978	0.8672	0.8885
July	0.8972	0.8850	0.8918
August	0.8871	0.8284	0.8646
September	0.8458	0.8118	0.8330
October	0.8428	0.8306	0.8358
November	0.8356	0.8286	0.8319
December	0.8391	0.8271	0.8327