2015 RSD to GEL Historical Review

YEARLY HIGH

0.0233 GEL

YEARLY LOW

0.0155 GEL

YEARLY AVERAGE

0.0203 GEL

2015 RSD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the RSD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 0.0233. Conversely, the yearly low was recorded on March 15, dropping to 0.0155.

This high-to-low spread represents a total annual volatility of 0.0078 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0168 to the December average rate of 0.0214, the exchange rate registered a net change of 27.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0233 was up 9.50% compared to the 2014 peak of 0.0212, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116 GEL

2014 Average 100 GEL

Yearly Trough Low 77 GEL

Transaction Impact: A difference of 38.78 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0230

0.0159

JanuMarcMayJulySeptNove

RSD 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 0.0189, compared to 0.0216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0189

H2 Avg (Jul–Dec) 0.0216

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0047 GEL (High: 0.0202 / Low: 0.0155). On the other end, July was the most stable month, with a tight range of 0.0004 GEL (High: 0.0209 / Low: 0.0204).

March Spread (Volatile) ±0.0047

July Spread (Stable) ±0.0004

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 October and November, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 0.0224) against the same month in 2014 (average: 0.0190), the exchange rate shifted by +0.0034 (+17.82%).

2015 Avg (September) 0.0224

2014 Avg (September) 0.0190

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0176	0.0161	0.0168
February	0.0167	0.0162	0.0165
March	0.0202	0.0155	0.0174
April	0.0216	0.0199	0.0203
May	0.0224	0.0206	0.0215
June	0.0213	0.0207	0.0210
July	0.0209	0.0204	0.0207
August	0.0230	0.0207	0.0215
September	0.0233	0.0219	0.0224
October	0.0228	0.0216	0.0223
November	0.0219	0.0209	0.0213
December	0.0217	0.0209	0.0214