2011 ANG to GEL Historical Review

YEARLY HIGH

1.0110 GEL

YEARLY LOW

0.9149 GEL

YEARLY AVERAGE

0.9447 GEL

2011 ANG to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ANG to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 1.0110. Conversely, the yearly low was recorded on April 28, dropping to 0.9149.

This high-to-low spread represents a total annual volatility of 0.0961 GEL. From a start-to-finish perspective, comparing the January average rate of 1.0031 to the December average rate of 0.9273, the exchange rate registered a net change of -7.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0110 was down 6.08% compared to the 2010 peak of 1.0765, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,055 GEL

2010 Average 4,993 GEL

Yearly Trough Low 4,575 GEL

Transaction Impact: A difference of 480.43 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0110

0.9161

JanuMarcMayJulySeptNove

ANG 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 0.9565, compared to 0.9329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0236 points.

H1 Avg (Jan–Jun) 0.9565

H2 Avg (Jul–Dec) 0.9329

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0379 GEL (High: 0.9528 / Low: 0.9149). On the other end, September was the most stable month, with a tight range of 0.0053 GEL (High: 0.9400 / Low: 0.9347).

April Spread (Volatile) ±0.0379

September Spread (Stable) ±0.0053

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 February and March, when the average rate fell by 0.0353 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.0031) against the same month in 2010 (average: 0.9552), the exchange rate shifted by +0.0479 (+5.01%).

2011 Avg (January) 1.0031

2010 Avg (January) 0.9552

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0110	0.9896	1.0031
February	1.0066	0.9720	0.9908
March	0.9664	0.9480	0.9555
April	0.9528	0.9149	0.9294
May	0.9453	0.9158	0.9361
June	0.9304	0.9163	0.9240
July	0.9470	0.9265	0.9361
August	0.9371	0.9252	0.9292
September	0.9400	0.9347	0.9378
October	0.9425	0.9317	0.9365
November	0.9372	0.9231	0.9304
December	0.9395	0.9237	0.9273