2015 GEL to RSD Historical Review

YEARLY HIGH

64.5283 RSD

YEARLY LOW

43.0057 RSD

YEARLY AVERAGE

49.9831 RSD

2015 GEL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GEL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 64.5283. Conversely, the yearly low was recorded on September 17, dropping to 43.0057.

This high-to-low spread represents a total annual volatility of 21.5226 RSD. From a start-to-finish perspective, comparing the January average rate of 59.6695 to the December average rate of 46.6933, the exchange rate registered a net change of -21.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 64.5283 was up 13.74% compared to the 2014 peak of 56.7346, 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 322,642 RSD

2014 Average 251,209 RSD

Yearly Trough Low 215,029 RSD

Transaction Impact: A difference of 107,612.92 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

62.1365

43.0006

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 53.6502, compared to 46.3160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.3342 points.

H1 Avg (Jan–Jun) 53.6502

H2 Avg (Jul–Dec) 46.3160

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 15.0223 RSD (High: 64.5283 / Low: 49.5060). On the other end, July was the most stable month, with a tight range of 1.0413 RSD (High: 48.9663 / Low: 47.9250).

March Spread (Volatile) ±15.0223

July Spread (Stable) ±1.0413

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 9.1961 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -9.1961

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 58.3642) against the same month in 2014 (average: 47.8321), the exchange rate shifted by +10.5320 (+22.02%).

2015 Avg (March) 58.3642

2014 Avg (March) 47.8321

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	62.2220	56.8271	59.6695
February	61.7830	59.8182	60.5418
March	64.5283	49.5060	58.3642
April	50.2217	46.2632	49.1681
May	48.6348	44.6494	46.5858
June	48.2295	46.8777	47.5718
July	48.9663	47.9250	48.3971
August	48.3297	43.5405	46.4961
September	45.7305	43.0057	44.5953
October	46.2592	43.9066	44.8192
November	47.7979	45.6308	46.8952
December	47.8411	46.0194	46.6933