2011 ALL to GEL Historical Review

YEARLY HIGH

0.0178 GEL

YEARLY LOW

0.0156 GEL

YEARLY AVERAGE

0.0167 GEL

2011 ALL to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ALL to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0178. Conversely, the yearly low was recorded on December 14, dropping to 0.0156.

This high-to-low spread represents a total annual volatility of 0.0023 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0173 to the December average rate of 0.0158, the exchange rate registered a net change of -8.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0178 was down 2.86% compared to the 2010 peak of 0.0184, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89 GEL

2010 Average 86 GEL

Yearly Trough Low 78 GEL

Transaction Impact: A difference of 11.37 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0175

0.0157

JanuMarcMayJulySeptNove

ALL 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 0.0171, compared to 0.0164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0171

H2 Avg (Jul–Dec) 0.0164

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0012 GEL (High: 0.0178 / Low: 0.0166). On the other end, July was the most stable month, with a tight range of 0.0003 GEL (High: 0.0171 / Low: 0.0168).

January Spread (Volatile) ±0.0012

July Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 0.0173) against the same month in 2010 (average: 0.0171), the exchange rate shifted by +0.0003 (+1.51%).

2011 Avg (February) 0.0173

2010 Avg (February) 0.0171

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0178	0.0166	0.0173
February	0.0178	0.0172	0.0173
March	0.0172	0.0168	0.0171
April	0.0172	0.0166	0.0170
May	0.0175	0.0167	0.0170
June	0.0170	0.0166	0.0168
July	0.0171	0.0168	0.0170
August	0.0171	0.0168	0.0169
September	0.0168	0.0159	0.0163
October	0.0166	0.0157	0.0162
November	0.0162	0.0157	0.0159
December	0.0163	0.0156	0.0158