2015 GEL to RON Historical Review

YEARLY HIGH

2.3989 RON

YEARLY LOW

1.5828 RON

YEARLY AVERAGE

1.8404 RON

2015 GEL to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GEL to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 2.3989. Conversely, the yearly low was recorded on September 17, dropping to 1.5828.

This high-to-low spread represents a total annual volatility of 0.8161 RON. From a start-to-finish perspective, comparing the January average rate of 2.1856 to the December average rate of 1.7273, the exchange rate registered a net change of -20.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.3989 was up 14.53% compared to the 2014 peak of 2.0946, 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 11,994 RON

2014 Average 9,514 RON

Yearly Trough Low 7,914 RON

Transaction Impact: A difference of 4,080.37 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.2707

1.5835

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 1.9733, compared to 1.7076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2656 points.

H1 Avg (Jan–Jun) 1.9733

H2 Avg (Jul–Dec) 1.7076

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.5854 RON (High: 2.3989 / Low: 1.8135). On the other end, December was the most stable month, with a tight range of 0.0448 RON (High: 1.7555 / Low: 1.7107).

March Spread (Volatile) ±0.5854

December Spread (Stable) ±0.0448

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 0.3445 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3445

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 2.1525) against the same month in 2014 (average: 1.8572), the exchange rate shifted by +0.2953 (+15.90%).

2015 Avg (March) 2.1525

2014 Avg (March) 1.8572

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2685	2.1076	2.1856
February	2.2432	2.1801	2.2134
March	2.3989	1.8135	2.1525
April	1.8572	1.7005	1.8080
May	1.7937	1.6444	1.7167
June	1.7886	1.7215	1.7632
July	1.8135	1.7593	1.7880
August	1.7743	1.5998	1.7103
September	1.6810	1.5828	1.6408
October	1.7006	1.6153	1.6511
November	1.7584	1.6796	1.7282
December	1.7555	1.7107	1.7273