2012 GEL to RON Historical Review

YEARLY HIGH

2.2209 RON

YEARLY LOW

1.9571 RON

YEARLY AVERAGE

2.0779 RON

2012 GEL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GEL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 2.2209. Conversely, the yearly low was recorded on February 28, dropping to 1.9571.

This high-to-low spread represents a total annual volatility of 0.2637 RON. From a start-to-finish perspective, comparing the January average rate of 2.0157 to the December average rate of 2.0593, the exchange rate registered a net change of 2.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 2.2209 was up 9.94% compared to the 2011 peak of 2.0200, 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 11,104 RON

2011 Average 9,050 RON

Yearly Trough Low 9,786 RON

Transaction Impact: A difference of 1,318.60 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

2.2004

1.9651

JanuMarcMayJulySeptNove

GEL to RON 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 2.0589, compared to 2.0969 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0380 points.

H1 Avg (Jan–Jun) 2.0589

H2 Avg (Jul–Dec) 2.0969

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.1660 RON (High: 2.2195 / Low: 2.0535). On the other end, November was the most stable month, with a tight range of 0.0504 RON (High: 2.1460 / Low: 2.0956).

May Spread (Volatile) ±0.1660

November Spread (Stable) ±0.0504

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0885 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0885

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2012: 2.1808) against the same month in 2011 (average: 1.7615), the exchange rate shifted by +0.4193 (+23.80%).

2012 Avg (June) 2.1808

2011 Avg (June) 1.7615

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0565	1.9747	2.0157
February	2.0277	1.9571	1.9847
March	2.0348	1.9747	2.0038
April	2.0496	1.9886	2.0343
May	2.2195	2.0535	2.1340
June	2.2209	2.1443	2.1808
July	2.2154	2.0987	2.1603
August	2.1854	2.0515	2.1133
September	2.0657	1.9865	2.0248
October	2.1341	2.0233	2.0993
November	2.1460	2.0956	2.1244
December	2.1078	2.0142	2.0593