2011 BZD to GEL Historical Review

YEARLY HIGH

0.9109 GEL

YEARLY LOW

0.8220 GEL

YEARLY AVERAGE

0.8474 GEL

2011 BZD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BZD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.9109. Conversely, the yearly low was recorded on April 28, dropping to 0.8220.

This high-to-low spread represents a total annual volatility of 0.0889 GEL. From a start-to-finish perspective, comparing the January average rate of 0.9038 to the December average rate of 0.8330, the exchange rate registered a net change of -7.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9109 was down 6.10% compared to the 2010 peak of 0.9700, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,555 GEL

2010 Average 4,499 GEL

Yearly Trough Low 4,110 GEL

Transaction Impact: A difference of 444.60 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9112

0.8226

JanuMarcMayJulySeptNove

BZD 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 0.8615, compared to 0.8332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0283 points.

H1 Avg (Jan–Jun) 0.8615

H2 Avg (Jul–Dec) 0.8332

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0365 GEL (High: 0.8585 / Low: 0.8220). On the other end, November was the most stable month, with a tight range of 0.0058 GEL (High: 0.8349 / Low: 0.8291).

April Spread (Volatile) ±0.0365

November Spread (Stable) ±0.0058

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 0.0318 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.9038) against the same month in 2010 (average: 0.8608), the exchange rate shifted by +0.0430 (+5.00%).

2011 Avg (January) 0.9038

2010 Avg (January) 0.8608

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9109	0.8917	0.9038
February	0.9069	0.8758	0.8927
March	0.8707	0.8542	0.8609
April	0.8585	0.8220	0.8365
May	0.8549	0.8229	0.8430
June	0.8403	0.8234	0.8323
July	0.8498	0.8261	0.8371
August	0.8370	0.8242	0.8300
September	0.8397	0.8308	0.8349
October	0.8376	0.8294	0.8324
November	0.8349	0.8291	0.8320
December	0.8439	0.8298	0.8330