2010 CVE to GEL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 CVE to GEL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the CVE to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.0230. Conversely, the yearly low was recorded on May 27, dropping to 0.0198.
This high-to-low spread represents a total annual volatility of 0.0032 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0221 to the December average rate of 0.0211, the exchange rate registered a net change of -4.50% (reflecting a weakening trend).
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
CVE to GEL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0213, compared to 0.0217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was November, with a trading range of 0.0020 GEL (High: 0.0228 / Low: 0.0208). On the other end, April was the most stable month, with a tight range of 0.0003 GEL (High: 0.0214 / Low: 0.0211).
Growth Streaks & Declines
TrendsBetween June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0008 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for October 2010 is 0.0226.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0225 | 0.0218 | 0.0221 |
| February | 0.0220 | 0.0210 | 0.0215 |
| March | 0.0216 | 0.0210 | 0.0212 |
| April | 0.0214 | 0.0211 | 0.0214 |
| May | 0.0214 | 0.0198 | 0.0210 |
| June | 0.0212 | 0.0198 | 0.0205 |
| July | 0.0218 | 0.0205 | 0.0213 |
| August | 0.0221 | 0.0210 | 0.0215 |
| September | 0.0224 | 0.0212 | 0.0217 |
| October | 0.0230 | 0.0223 | 0.0226 |
| November | 0.0228 | 0.0208 | 0.0218 |
| December | 0.0215 | 0.0209 | 0.0211 |