2015 TMT to GEL Historical Review

YEARLY HIGH

2.4573 GEL

YEARLY LOW

1.7655 GEL

YEARLY AVERAGE

2.2046 GEL

2015 TMT to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TMT to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 2.4573. Conversely, the yearly low was recorded on March 20, dropping to 1.7655.

This high-to-low spread represents a total annual volatility of 0.6918 GEL. From a start-to-finish perspective, comparing the January average rate of 1.7655 to the December average rate of 2.3937, the exchange rate registered a net change of 35.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.4573 was up 34.12% compared to the 2014 peak of 1.8321, 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 12,286 GEL

2014 Average 8,802 GEL

Yearly Trough Low 8,828 GEL

Transaction Impact: A difference of 3,458.88 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.4621

1.7022

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 2.0494, compared to 2.3597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3103 points.

H1 Avg (Jan–Jun) 2.0494

H2 Avg (Jul–Dec) 2.3597

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.4691 GEL (High: 2.2346 / Low: 1.7655). On the other end, February was the most stable month, with a tight range of 0.0000 GEL (High: 1.7655 / Low: 1.7655).

March Spread (Volatile) ±0.4691

February Spread (Stable) ±0.0000

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 May and June, when the average rate fell by 0.0616 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0616

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 2.3988) against the same month in 2014 (average: 1.7525), the exchange rate shifted by +0.6463 (+36.88%).

2015 Avg (September) 2.3988

2014 Avg (September) 1.7525

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7655	1.7655	1.7655
February	1.7655	1.7655	1.7655
March	2.2346	1.7655	1.9286
April	2.3218	2.2408	2.2594
May	2.3626	2.2701	2.3195
June	2.3041	2.2392	2.2579
July	2.2759	2.2439	2.2562
August	2.4060	2.2724	2.3234
September	2.4573	2.3611	2.3988
October	2.4087	2.3683	2.3881
November	2.4087	2.3891	2.3982
December	2.4121	2.3762	2.3937