2015 SAR to GEL Historical Review

YEARLY HIGH

0.6553 GEL

YEARLY LOW

0.4689 GEL

YEARLY AVERAGE

0.5877 GEL

2015 SAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the SAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.6553. Conversely, the yearly low was recorded on January 25, dropping to 0.4689.

This high-to-low spread represents a total annual volatility of 0.1863 GEL. From a start-to-finish perspective, comparing the January average rate of 0.4700 to the December average rate of 0.6380, the exchange rate registered a net change of 35.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.6553 was up 34.24% compared to the 2014 peak of 0.4881, 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 3,276 GEL

2014 Average 2,347 GEL

Yearly Trough Low 2,345 GEL

Transaction Impact: A difference of 931.70 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.6566

0.4531

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 0.5463, compared to 0.6291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0829 points.

H1 Avg (Jan–Jun) 0.5463

H2 Avg (Jul–Dec) 0.6291

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.1251 GEL (High: 0.5957 / Low: 0.4706). On the other end, February was the most stable month, with a tight range of 0.0010 GEL (High: 0.4708 / Low: 0.4698).

March Spread (Volatile) ±0.1251

February Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0164 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 0.6396) against the same month in 2014 (average: 0.4672), the exchange rate shifted by +0.1724 (+36.89%).

2015 Avg (September) 0.6396

2014 Avg (September) 0.4672

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4704	0.4689	0.4700
February	0.4708	0.4698	0.4706
March	0.5957	0.4706	0.5142
April	0.6191	0.5974	0.6024
May	0.6300	0.6052	0.6184
June	0.6144	0.5970	0.6020
July	0.6069	0.5984	0.6016
August	0.6416	0.6058	0.6194
September	0.6553	0.6294	0.6396
October	0.6424	0.6317	0.6369
November	0.6415	0.6371	0.6393
December	0.6430	0.6332	0.6380