2012 MKD to GEL Historical Review

YEARLY HIGH

0.0365 GEL

YEARLY LOW

0.0330 GEL

YEARLY AVERAGE

0.0349 GEL

2012 MKD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the MKD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 0.0365. Conversely, the yearly low was recorded on June 3, dropping to 0.0330.

This high-to-low spread represents a total annual volatility of 0.0035 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0351 to the December average rate of 0.0351, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0365 was down 10.61% compared to the 2011 peak of 0.0409, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183 GEL

2011 Average 191 GEL

Yearly Trough Low 165 GEL

Transaction Impact: A difference of 17.48 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0359

0.0331

JanuMarcMayJulySeptNove

MKD 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 0.0347, compared to 0.0350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0347

H2 Avg (Jul–Dec) 0.0350

Volatility Range Comparison

Volatility

The most volatile month in 2012 was May, with a trading range of 0.0020 GEL (High: 0.0351 / Low: 0.0331). On the other end, December was the most stable month, with a tight range of 0.0003 GEL (High: 0.0353 / Low: 0.0350).

May Spread (Volatile) ±0.0020

December Spread (Stable) ±0.0003

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 April and May, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2012: 0.0356) against the same month in 2011 (average: 0.0373), the exchange rate shifted by -0.0017 (-4.53%).

2012 Avg (September) 0.0356

2011 Avg (September) 0.0373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0358	0.0345	0.0351
February	0.0362	0.0350	0.0356
March	0.0359	0.0350	0.0355
April	0.0357	0.0348	0.0350
May	0.0351	0.0331	0.0339
June	0.0336	0.0330	0.0333
July	0.0353	0.0340	0.0345
August	0.0353	0.0345	0.0346
September	0.0365	0.0350	0.0356
October	0.0363	0.0348	0.0352
November	0.0350	0.0346	0.0348
December	0.0353	0.0350	0.0351