2013 MAD to GEL Historical Review

YEARLY HIGH

0.2143 GEL

YEARLY LOW

0.1893 GEL

YEARLY AVERAGE

0.1981 GEL

2013 MAD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MAD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2143. Conversely, the yearly low was recorded on May 19, dropping to 0.1893.

This high-to-low spread represents a total annual volatility of 0.0250 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1974 to the December average rate of 0.2112, the exchange rate registered a net change of 6.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.2143 was up 5.34% compared to the 2012 peak of 0.2034, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,071 GEL

2012 Average 967 GEL

Yearly Trough Low 946 GEL

Transaction Impact: A difference of 124.99 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.2131

0.1897

JanuMarcMayJulySeptNove

MAD 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 0.1950, compared to 0.2011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.1950

H2 Avg (Jul–Dec) 0.2011

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0090 GEL (High: 0.2143 / Low: 0.2052). On the other end, August was the most stable month, with a tight range of 0.0028 GEL (High: 0.1988 / Low: 0.1960).

December Spread (Volatile) ±0.0090

August Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0045 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.2112) against the same month in 2012 (average: 0.1954), the exchange rate shifted by +0.0158 (+8.09%).

2013 Avg (December) 0.2112

2012 Avg (December) 0.1954

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2005	0.1947	0.1974
February	0.2017	0.1944	0.1980
March	0.1951	0.1916	0.1936
April	0.1953	0.1915	0.1937
May	0.1952	0.1893	0.1917
June	0.1983	0.1923	0.1958
July	0.1968	0.1915	0.1945
August	0.1988	0.1960	0.1980
September	0.2008	0.1957	0.1985
October	0.2047	0.2006	0.2023
November	0.2051	0.2007	0.2023
December	0.2143	0.2052	0.2112