2012 GHS to GEL Historical Review

YEARLY HIGH

1.0194 GEL

YEARLY LOW

0.8444 GEL

YEARLY AVERAGE

0.9043 GEL

2012 GHS to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the GHS to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.0194. Conversely, the yearly low was recorded on June 26, dropping to 0.8444.

This high-to-low spread represents a total annual volatility of 0.1751 GEL. From a start-to-finish perspective, comparing the January average rate of 0.9878 to the December average rate of 0.8751, the exchange rate registered a net change of -11.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.0194 was down 20.55% compared to the 2011 peak of 1.2831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GHS based on timing:

Yearly Peak High 5,097 GEL

2011 Average 5,463 GEL

Yearly Trough Low 4,222 GEL

Transaction Impact: A difference of 875.26 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.0013

0.8385

JanuMarcMayJulySeptNove

GHS to GEL 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 0.9228, compared to 0.8858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0370 points.

H1 Avg (Jan–Jun) 0.9228

H2 Avg (Jul–Dec) 0.8858

Volatility Range Comparison

Volatility

The most volatile month in 2012 was March, with a trading range of 0.0639 GEL (High: 0.9862 / Low: 0.9223). On the other end, December was the most stable month, with a tight range of 0.0133 GEL (High: 0.8826 / Low: 0.8694).

March Spread (Volatile) ±0.0639

December Spread (Stable) ±0.0133

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0441 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0441

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2012: 0.9878) against the same month in 2011 (average: 1.1950), the exchange rate shifted by -0.2072 (-17.34%).

2012 Avg (January) 0.9878

2011 Avg (January) 1.1950

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0194	0.9563	0.9878
February	0.9930	0.9530	0.9795
March	0.9862	0.9223	0.9492
April	0.9247	0.8777	0.9051
May	0.8836	0.8508	0.8631
June	0.8656	0.8444	0.8521
July	0.8887	0.8589	0.8788
August	0.8951	0.8790	0.8871
September	0.9171	0.8924	0.9057
October	0.9168	0.8769	0.8877
November	0.8882	0.8690	0.8801
December	0.8826	0.8694	0.8751