2011 BBD to GEL Historical Review

YEARLY HIGH

0.9052 GEL

YEARLY LOW

0.8192 GEL

YEARLY AVERAGE

0.8430 GEL

2011 BBD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BBD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.9052. Conversely, the yearly low was recorded on April 28, dropping to 0.8192.

This high-to-low spread represents a total annual volatility of 0.0860 GEL. From a start-to-finish perspective, comparing the January average rate of 0.8982 to the December average rate of 0.8300, the exchange rate registered a net change of -7.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9052 was down 6.10% compared to the 2010 peak of 0.9640, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,526 GEL

2010 Average 4,471 GEL

Yearly Trough Low 4,096 GEL

Transaction Impact: A difference of 430.16 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9055

0.8175

JanuMarcMayJulySeptNove

BBD 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 0.8564, compared to 0.8295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0269 points.

H1 Avg (Jan–Jun) 0.8564

H2 Avg (Jul–Dec) 0.8295

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0339 GEL (High: 0.8531 / Low: 0.8192). On the other end, November was the most stable month, with a tight range of 0.0038 GEL (High: 0.8308 / Low: 0.8270).

April Spread (Volatile) ±0.0339

November Spread (Stable) ±0.0038

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 0.0316 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.8982) against the same month in 2010 (average: 0.8554), the exchange rate shifted by +0.0427 (+5.00%).

2011 Avg (January) 0.8982

2010 Avg (January) 0.8554

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9052	0.8861	0.8982
February	0.9013	0.8703	0.8871
March	0.8653	0.8488	0.8556
April	0.8531	0.8192	0.8322
May	0.8464	0.8200	0.8381
June	0.8330	0.8205	0.8273
July	0.8413	0.8231	0.8329
August	0.8325	0.8219	0.8249
September	0.8325	0.8278	0.8309
October	0.8347	0.8266	0.8296
November	0.8308	0.8270	0.8289
December	0.8408	0.8269	0.8300