2012 NGN to GEL Historical Review

YEARLY HIGH

0.0111 GEL

YEARLY LOW

0.0100 GEL

YEARLY AVERAGE

0.0105 GEL

2012 NGN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the NGN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 0.0111. Conversely, the yearly low was recorded on June 17, dropping to 0.0100.

This high-to-low spread represents a total annual volatility of 0.0011 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0106, the exchange rate registered a net change of 2.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.0111 was down 6.76% compared to the 2011 peak of 0.0119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 11,098 GEL

2011 Average 10,819 GEL

Yearly Trough Low 10,008 GEL

Transaction Impact: A difference of 1,089.43 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.0111

0.0100

JanuMarcMayJulySeptNove

NGN 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 0.0103, compared to 0.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0103

H2 Avg (Jul–Dec) 0.0107

Volatility Range Comparison

Volatility

The most volatile month in 2012 was July, with a trading range of 0.0007 GEL (High: 0.0109 / Low: 0.0102). On the other end, November was the most stable month, with a tight range of 0.0001 GEL (High: 0.0106 / Low: 0.0105).

July Spread (Volatile) ±0.0007

November Spread (Stable) ±0.0001

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 September and October, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2012: 0.0107) against the same month in 2011 (average: 0.0104), the exchange rate shifted by +0.0003 (+2.77%).

2012 Avg (October) 0.0107

2011 Avg (October) 0.0104

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0104	0.0103	0.0103
February	0.0105	0.0103	0.0105
March	0.0105	0.0104	0.0105
April	0.0105	0.0103	0.0104
May	0.0104	0.0102	0.0103
June	0.0101	0.0100	0.0101
July	0.0109	0.0102	0.0106
August	0.0110	0.0107	0.0109
September	0.0110	0.0109	0.0110
October	0.0111	0.0105	0.0107
November	0.0106	0.0105	0.0106
December	0.0106	0.0105	0.0106