2015 GEL to CVE Historical Review

YEARLY HIGH

59.1956 CVE

YEARLY LOW

39.3715 CVE

YEARLY AVERAGE

45.6080 CVE

2015 GEL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GEL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 59.1956. Conversely, the yearly low was recorded on September 17, dropping to 39.3715.

This high-to-low spread represents a total annual volatility of 19.8240 CVE. From a start-to-finish perspective, comparing the January average rate of 53.6013 to the December average rate of 42.2435, the exchange rate registered a net change of -21.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 59.1956 was up 15.27% compared to the 2014 peak of 51.3516, 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 295,978 CVE

2014 Average 235,099 CVE

Yearly Trough Low 196,858 CVE

Transaction Impact: A difference of 99,120.07 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

56.3400

39.5163

JanuMarcMayJulySeptNove

GEL to CVE 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 48.8402, compared to 42.3758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.4644 points.

H1 Avg (Jan–Jun) 48.8402

H2 Avg (Jul–Dec) 42.3758

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 13.9042 CVE (High: 59.1956 / Low: 45.2913). On the other end, July was the most stable month, with a tight range of 1.0743 CVE (High: 45.0220 / Low: 43.9477).

March Spread (Volatile) ±13.9042

July Spread (Stable) ±1.0743

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 8.2830 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -8.2830

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 53.3618) against the same month in 2014 (average: 45.3496), the exchange rate shifted by +8.0122 (+17.67%).

2015 Avg (March) 53.3618

2014 Avg (March) 45.3496

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.6833	51.6788	53.6013
February	55.7220	54.3894	54.9380
March	59.1956	45.2913	53.3618
April	46.2592	42.6484	45.0788
May	44.1577	40.8166	42.5133
June	44.6113	42.8923	43.5483
July	45.0220	43.9477	44.4263
August	44.4213	39.7689	42.6301
September	41.9928	39.3715	40.9183
October	42.3832	40.2658	41.1693
November	43.5135	41.7925	42.8675
December	43.3887	41.8053	42.2435