2012 GEL to RSD Historical Review

YEARLY HIGH

58.2462 RSD

YEARLY LOW

47.8783 RSD

YEARLY AVERAGE

52.6191 RSD

2012 GEL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GEL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 58.2462. Conversely, the yearly low was recorded on February 2, dropping to 47.8783.

This high-to-low spread represents a total annual volatility of 10.3679 RSD. From a start-to-finish perspective, comparing the January average rate of 48.7292 to the December average rate of 52.0685, the exchange rate registered a net change of 6.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 58.2462 was up 19.07% compared to the 2011 peak of 48.9159, 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 291,231 RSD

2011 Average 216,957 RSD

Yearly Trough Low 239,392 RSD

Transaction Impact: A difference of 51,839.41 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

57.1848

47.9605

JanuMarcMayJulySeptNove

GEL to RSD 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 51.9174, compared to 53.3208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4033 points.

H1 Avg (Jan–Jun) 51.9174

H2 Avg (Jul–Dec) 53.3208

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 6.4360 RSD (High: 58.2462 / Low: 51.8102). On the other end, January was the most stable month, with a tight range of 1.1992 RSD (High: 49.3409 / Low: 48.1417).

May Spread (Volatile) ±6.4360

January Spread (Stable) ±1.1992

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.8484 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.8484

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2012: 54.5093) against the same month in 2011 (average: 40.7301), the exchange rate shifted by +13.7792 (+33.83%).

2012 Avg (May) 54.5093

2011 Avg (May) 40.7301

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.3409	48.1417	48.7292
February	50.5594	47.8783	49.3112
March	51.5167	50.0414	50.7846
April	52.0647	50.5331	51.7543
May	58.2462	51.8102	54.5093
June	58.0677	55.2874	56.4161
July	56.4938	54.1434	55.2397
August	56.2454	54.1720	55.0994
September	54.4464	50.9401	52.2509
October	53.5185	50.9673	52.3367
November	53.4982	52.0097	52.9294
December	52.9753	51.4728	52.0685