2015 GEL to ETB Historical Review

YEARLY HIGH

11.5668 ETB

YEARLY LOW

8.5049 ETB

YEARLY AVERAGE

9.4995 ETB

2015 GEL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GEL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 11.5668. Conversely, the yearly low was recorded on September 21, dropping to 8.5049.

This high-to-low spread represents a total annual volatility of 3.0619 ETB. From a start-to-finish perspective, comparing the January average rate of 11.4689 to the December average rate of 8.8194, the exchange rate registered a net change of -23.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 11.5668 was up 0.93% compared to the 2014 peak of 11.4603, 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 57,834 ETB

2014 Average 55,872 ETB

Yearly Trough Low 42,524 ETB

Transaction Impact: A difference of 15,309.73 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

11.7872

8.4328

JanuMarcMayJulySeptNove

GEL to ETB 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 10.1233, compared to 8.8757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2476 points.

H1 Avg (Jan–Jun) 10.1233

H2 Avg (Jul–Dec) 8.8757

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 2.4296 ETB (High: 11.5668 / Low: 9.1372). On the other end, November was the most stable month, with a tight range of 0.0778 ETB (High: 8.8300 / Low: 8.7522).

March Spread (Volatile) ±2.4296

November Spread (Stable) ±0.0778

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 1.6482 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.6482

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 10.7016) against the same month in 2014 (average: 11.0266), the exchange rate shifted by -0.3250 (-2.95%).

2015 Avg (March) 10.7016

2014 Avg (March) 11.0266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5262	11.4414	11.4689
February	11.5531	11.4593	11.5077
March	11.5668	9.1372	10.7016
April	9.1325	8.8344	9.0535
May	9.0734	8.6991	8.8617
June	9.2357	8.9313	9.1464
July	9.2401	9.1200	9.1940
August	9.1742	8.6443	8.9626
September	8.8531	8.5049	8.7123
October	8.8440	8.7263	8.7842
November	8.8300	8.7522	8.7816
December	8.8720	8.7521	8.8194