2013 SAR to GEL Historical Review

YEARLY HIGH

0.4663 GEL

YEARLY LOW

0.4356 GEL

YEARLY AVERAGE

0.4439 GEL

2013 SAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the SAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.4663. Conversely, the yearly low was recorded on May 20, dropping to 0.4356.

This high-to-low spread represents a total annual volatility of 0.0307 GEL. From a start-to-finish perspective, comparing the January average rate of 0.4421 to the December average rate of 0.4620, the exchange rate registered a net change of 4.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.4663 was up 0.97% compared to the 2012 peak of 0.4618, 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 2,331 GEL

2012 Average 2,226 GEL

Yearly Trough Low 2,178 GEL

Transaction Impact: A difference of 153.56 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.4644

0.4352

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 0.4410, compared to 0.4468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.4410

H2 Avg (Jul–Dec) 0.4468

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0146 GEL (High: 0.4663 / Low: 0.4517). On the other end, July was the most stable month, with a tight range of 0.0010 GEL (High: 0.4418 / Low: 0.4409).

December Spread (Volatile) ±0.0146

July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0033 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.4620) against the same month in 2012 (average: 0.4425), the exchange rate shifted by +0.0195 (+4.41%).

2013 Avg (December) 0.4620

2012 Avg (December) 0.4425

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4435	0.4416	0.4421
February	0.4429	0.4408	0.4415
March	0.4431	0.4412	0.4422
April	0.4421	0.4397	0.4409
May	0.4403	0.4356	0.4376
June	0.4460	0.4388	0.4415
July	0.4418	0.4409	0.4413
August	0.4440	0.4409	0.4429
September	0.4442	0.4416	0.4429
October	0.4460	0.4431	0.4440
November	0.4517	0.4457	0.4477
December	0.4663	0.4517	0.4620