2011 FJD to GEL Historical Review

YEARLY HIGH

0.9938 GEL

YEARLY LOW

0.8829 GEL

YEARLY AVERAGE

0.9369 GEL

2011 FJD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FJD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.9938. Conversely, the yearly low was recorded on October 10, dropping to 0.8829.

This high-to-low spread represents a total annual volatility of 0.1109 GEL. From a start-to-finish perspective, comparing the January average rate of 0.9759 to the December average rate of 0.9069, the exchange rate registered a net change of -7.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9938 was up 1.60% compared to the 2010 peak of 0.9782, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,969 GEL

2010 Average 4,640 GEL

Yearly Trough Low 4,415 GEL

Transaction Impact: A difference of 554.62 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9828

0.9000

JanuMarcMayJulySeptNove

FJD 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 0.9482, compared to 0.9257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.9482

H2 Avg (Jul–Dec) 0.9257

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0729 GEL (High: 0.9558 / Low: 0.8829). On the other end, June was the most stable month, with a tight range of 0.0183 GEL (High: 0.9471 / Low: 0.9289).

October Spread (Volatile) ±0.0729

June Spread (Stable) ±0.0183

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 February and March, when the average rate fell by 0.0323 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.9759) against the same month in 2010 (average: 0.8929), the exchange rate shifted by +0.0830 (+9.30%).

2011 Avg (January) 0.9759

2010 Avg (January) 0.8929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9938	0.9443	0.9759
February	0.9915	0.9398	0.9644
March	0.9422	0.9190	0.9321
April	0.9424	0.9195	0.9339
May	0.9591	0.9367	0.9455
June	0.9471	0.9289	0.9373
July	0.9798	0.9413	0.9564
August	0.9697	0.9302	0.9428
September	0.9456	0.9032	0.9278
October	0.9558	0.8829	0.9078
November	0.9387	0.8917	0.9124
December	0.9217	0.8964	0.9069