2011 ETB to GEL Historical Review

YEARLY HIGH

0.1423 GEL

YEARLY LOW

0.0958 GEL

YEARLY AVERAGE

0.1080 GEL

2011 ETB to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.1423. Conversely, the yearly low was recorded on December 22, dropping to 0.0958.

This high-to-low spread represents a total annual volatility of 0.0465 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1411 to the December average rate of 0.0962, the exchange rate registered a net change of -31.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1423 was down 17.46% compared to the 2010 peak of 0.1724, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 712 GEL

2010 Average 773 GEL

Yearly Trough Low 479 GEL

Transaction Impact: A difference of 232.54 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1456

0.0917

JanuMarcMayJulySeptNove

ETB 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 0.1191, compared to 0.0969 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0222 points.

H1 Avg (Jan–Jun) 0.1191

H2 Avg (Jul–Dec) 0.0969

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0364 GEL (High: 0.1333 / Low: 0.0969). On the other end, September was the most stable month, with a tight range of 0.0004 GEL (High: 0.0974 / Low: 0.0970).

April Spread (Volatile) ±0.0364

September Spread (Stable) ±0.0004

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 March and April, when the average rate fell by 0.0306 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.1411) against the same month in 2010 (average: 0.1588), the exchange rate shifted by -0.0177 (-11.14%).

2011 Avg (January) 0.1411

2010 Avg (January) 0.1588

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1423	0.1394	0.1411
February	0.1415	0.1363	0.1391
March	0.1356	0.1327	0.1338
April	0.1333	0.0969	0.1033
May	0.1006	0.0975	0.0996
June	0.0988	0.0970	0.0979
July	0.0992	0.0968	0.0980
August	0.0978	0.0961	0.0968
September	0.0974	0.0970	0.0972
October	0.0976	0.0965	0.0969
November	0.0970	0.0961	0.0965
December	0.0973	0.0958	0.0962