2012 SAR to GEL Historical Review

YEARLY HIGH

0.4618 GEL

YEARLY LOW

0.4320 GEL

YEARLY AVERAGE

0.4453 GEL

2012 SAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.4618. Conversely, the yearly low was recorded on May 14, dropping to 0.4320.

This high-to-low spread represents a total annual volatility of 0.0298 GEL. From a start-to-finish perspective, comparing the January average rate of 0.4452 to the December average rate of 0.4425, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.4618 was down 4.34% compared to the 2011 peak of 0.4828, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,309 GEL

2011 Average 2,247 GEL

Yearly Trough Low 2,160 GEL

Transaction Impact: A difference of 149.17 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.4636

0.4306

JanuMarcMayJulySeptNove

SAR 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 0.4387, compared to 0.4518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.4387

H2 Avg (Jul–Dec) 0.4518

Volatility Range Comparison

Volatility

The most volatile month in 2012 was October, with a trading range of 0.0200 GEL (High: 0.4618 / Low: 0.4418). On the other end, August was the most stable month, with a tight range of 0.0014 GEL (High: 0.4611 / Low: 0.4597).

October Spread (Volatile) ±0.0200

August Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0140 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2012: 0.4469) against the same month in 2011 (average: 0.4424), the exchange rate shifted by +0.0044 (+1.00%).

2012 Avg (October) 0.4469

2011 Avg (October) 0.4424

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4461	0.4440	0.4452
February	0.4453	0.4332	0.4421
March	0.4445	0.4369	0.4400
April	0.4395	0.4338	0.4360
May	0.4353	0.4320	0.4333
June	0.4383	0.4333	0.4356
July	0.4616	0.4440	0.4574
August	0.4611	0.4597	0.4602
September	0.4617	0.4602	0.4608
October	0.4618	0.4418	0.4469
November	0.4451	0.4419	0.4431
December	0.4439	0.4409	0.4425