2011 CVE to GEL Historical Review

YEARLY HIGH

0.0227 GEL

YEARLY LOW

0.0195 GEL

YEARLY AVERAGE

0.0213 GEL

2011 CVE to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CVE to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0227. Conversely, the yearly low was recorded on December 14, dropping to 0.0195.

This high-to-low spread represents a total annual volatility of 0.0033 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0218 to the December average rate of 0.0198, the exchange rate registered a net change of -8.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0227 was down 1.08% compared to the 2010 peak of 0.0230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114 GEL

2010 Average 107 GEL

Yearly Trough Low 97 GEL

Transaction Impact: A difference of 16.29 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0222

0.0196

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0218, compared to 0.0208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0218

H2 Avg (Jul–Dec) 0.0208

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0017 GEL (High: 0.0225 / Low: 0.0208). On the other end, August was the most stable month, with a tight range of 0.0005 GEL (High: 0.0216 / Low: 0.0212).

January Spread (Volatile) ±0.0017

August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0218) against the same month in 2010 (average: 0.0210), the exchange rate shifted by +0.0008 (+3.93%).

2011 Avg (May) 0.0218

2010 Avg (May) 0.0210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0225	0.0208	0.0218
February	0.0226	0.0216	0.0220
March	0.0220	0.0213	0.0217
April	0.0221	0.0213	0.0218
May	0.0227	0.0213	0.0218
June	0.0220	0.0211	0.0216
July	0.0219	0.0212	0.0216
August	0.0216	0.0212	0.0214
September	0.0215	0.0202	0.0208
October	0.0213	0.0200	0.0206
November	0.0208	0.0199	0.0204
December	0.0203	0.0195	0.0198