2015 NGN to GEL Historical Review

YEARLY HIGH

0.0123 GEL

YEARLY LOW

0.0086 GEL

YEARLY AVERAGE

0.0111 GEL

2015 NGN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.0123. Conversely, the yearly low was recorded on February 12, dropping to 0.0086.

This high-to-low spread represents a total annual volatility of 0.0037 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0095 to the December average rate of 0.0120, the exchange rate registered a net change of 26.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0123 was up 10.99% compared to the 2014 peak of 0.0111, 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 12,343 GEL

2014 Average 10,671 GEL

Yearly Trough Low 8,638 GEL

Transaction Impact: A difference of 3,705.49 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0124

0.0086

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 0.0104, compared to 0.0119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0104

H2 Avg (Jul–Dec) 0.0119

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0025 GEL (High: 0.0112 / Low: 0.0087). On the other end, November was the most stable month, with a tight range of 0.0001 GEL (High: 0.0121 / Low: 0.0120).

March Spread (Volatile) ±0.0025

November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 0.0121) against the same month in 2014 (average: 0.0107), the exchange rate shifted by +0.0013 (+12.21%).

2015 Avg (September) 0.0121

2014 Avg (September) 0.0107

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0098	0.0092	0.0095
February	0.0093	0.0086	0.0089
March	0.0112	0.0087	0.0097
April	0.0117	0.0113	0.0114
May	0.0119	0.0114	0.0117
June	0.0116	0.0113	0.0114
July	0.0114	0.0113	0.0113
August	0.0121	0.0114	0.0117
September	0.0123	0.0119	0.0121
October	0.0121	0.0119	0.0120
November	0.0121	0.0120	0.0121
December	0.0121	0.0119	0.0120