2012 GEL to TRY Historical Review

YEARLY HIGH

1.1467 TRY

YEARLY LOW

1.0300 TRY

YEARLY AVERAGE

1.0787 TRY

2012 GEL to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GEL to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 1.1467. Conversely, the yearly low was recorded on August 4, dropping to 1.0300.

This high-to-low spread represents a total annual volatility of 0.1167 TRY. From a start-to-finish perspective, comparing the January average rate of 1.1029 to the December average rate of 1.0772, the exchange rate registered a net change of -2.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.1467 was up 0.06% compared to the 2011 peak of 1.1460, 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 5,734 TRY

2011 Average 4,993 TRY

Yearly Trough Low 5,150 TRY

Transaction Impact: A difference of 583.48 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.1245

1.0329

JanuMarcMayJulySeptNove

GEL to TRY 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 1.0953, compared to 1.0621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0332 points.

H1 Avg (Jan–Jun) 1.0953

H2 Avg (Jul–Dec) 1.0621

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.0704 TRY (High: 1.1317 / Low: 1.0613). On the other end, November was the most stable month, with a tight range of 0.0129 TRY (High: 1.0843 / Low: 1.0714).

January Spread (Volatile) ±0.0704

November Spread (Stable) ±0.0129

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 June and July, when the average rate fell by 0.0600 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0600

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2012: 1.1168) against the same month in 2011 (average: 0.9679), the exchange rate shifted by +0.1489 (+15.39%).

2012 Avg (June) 1.1168

2011 Avg (June) 0.9679

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1317	1.0613	1.1029
February	1.0793	1.0468	1.0616
March	1.1079	1.0574	1.0845
April	1.1040	1.0788	1.0931
May	1.1401	1.0785	1.1128
June	1.1467	1.1020	1.1168
July	1.0872	1.0377	1.0568
August	1.0566	1.0300	1.0406
September	1.0528	1.0340	1.0425
October	1.0933	1.0354	1.0761
November	1.0843	1.0714	1.0794
December	1.0866	1.0688	1.0772