2015 GEL to IRR Historical Review

YEARLY HIGH

15800.2454 IRR

YEARLY LOW

11984.7910 IRR

YEARLY AVERAGE

13265.1375 IRR

2015 GEL to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GEL to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 15800.2454. Conversely, the yearly low was recorded on May 14, dropping to 11984.7910.

This high-to-low spread represents a total annual volatility of 3815.4544 IRR. From a start-to-finish perspective, comparing the January average rate of 15439.8736 to the December average rate of 12529.1711, the exchange rate registered a net change of -18.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 15800.2454 was up 2.84% compared to the 2014 peak of 15363.9196, 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 79,001,227 IRR

2014 Average 73,389,050 IRR

Yearly Trough Low 59,923,955 IRR

Transaction Impact: A difference of 19,077,272.25 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

15957.6936

11902.1952

JanuMarcMayJulySeptNove

GEL to IRR 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 13873.6721, compared to 12656.6029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1217.0692 points.

H1 Avg (Jan–Jun) 13873.6721

H2 Avg (Jul–Dec) 12656.6029

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 3279.0145 IRR (High: 15800.2454 / Low: 12521.2310). On the other end, November was the most stable month, with a tight range of 103.2046 IRR (High: 12536.3888 / Low: 12433.1842).

March Spread (Volatile) ±3279.0145

November Spread (Stable) ±103.2046

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 2164.2277 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2164.2277

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 14618.2233) against the same month in 2014 (average: 14281.3926), the exchange rate shifted by +336.8307 (+2.36%).

2015 Avg (March) 14618.2233

2014 Avg (March) 14281.3926

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15591.8059	15370.5277	15439.8736
February	15691.4944	15580.4777	15619.7354
March	15800.2454	12521.2310	14618.2233
April	12553.0254	12163.8683	12453.9957
May	12505.4702	11984.7910	12240.1534
June	13037.4478	12495.6074	12870.0514
July	13116.1316	12987.4135	13067.2973
August	13037.9775	12414.7963	12815.6920
September	12687.2293	12161.3209	12487.1370
October	12653.0914	12439.1535	12548.4756
November	12536.3888	12433.1842	12491.8444
December	12624.3582	12434.5221	12529.1711