2013 TMT to GEL Historical Review

YEARLY HIGH

1.7481 GEL

YEARLY LOW

1.6335 GEL

YEARLY AVERAGE

1.6648 GEL

2013 TMT to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the TMT to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.7481. Conversely, the yearly low was recorded on May 20, dropping to 1.6335.

This high-to-low spread represents a total annual volatility of 0.1146 GEL. From a start-to-finish perspective, comparing the January average rate of 1.6578 to the December average rate of 1.7327, 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 1.7481 was up 0.96% compared to the 2012 peak of 1.7314, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,740 GEL

2012 Average 8,350 GEL

Yearly Trough Low 8,167 GEL

Transaction Impact: A difference of 573.05 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.7418

1.6321

JanuMarcMayJulySeptNove

TMT 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 1.6538, compared to 1.6757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0218 points.

H1 Avg (Jan–Jun) 1.6538

H2 Avg (Jul–Dec) 1.6757

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0541 GEL (High: 1.7481 / Low: 1.6940). On the other end, July was the most stable month, with a tight range of 0.0036 GEL (High: 1.6570 / Low: 1.6535).

December Spread (Volatile) ±0.0541

July Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0124 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 1.7327) against the same month in 2012 (average: 1.6595), the exchange rate shifted by +0.0732 (+4.41%).

2013 Avg (December) 1.7327

2012 Avg (December) 1.6595

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6633	1.6561	1.6578
February	1.6609	1.6533	1.6558
March	1.6617	1.6568	1.6587
April	1.6577	1.6492	1.6537
May	1.6514	1.6335	1.6412
June	1.6726	1.6457	1.6559
July	1.6570	1.6535	1.6552
August	1.6653	1.6537	1.6611
September	1.6660	1.6563	1.6611
October	1.6714	1.6617	1.6651
November	1.6940	1.6715	1.6789
December	1.7481	1.6940	1.7327