2011 FKP to GEL Historical Review

YEARLY HIGH

2.9192 GEL

YEARLY LOW

2.5556 GEL

YEARLY AVERAGE

2.7040 GEL

2011 FKP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FKP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 2.9192. Conversely, the yearly low was recorded on September 22, dropping to 2.5556.

This high-to-low spread represents a total annual volatility of 0.3636 GEL. From a start-to-finish perspective, comparing the January average rate of 2.8332 to the December average rate of 2.5904, the exchange rate registered a net change of -8.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.9192 was down 0.43% compared to the 2010 peak of 2.9319, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,596 GEL

2010 Average 13,816 GEL

Yearly Trough Low 12,778 GEL

Transaction Impact: A difference of 1,817.87 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.8884

2.5633

JanuMarcMayJulySeptNove

FKP 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 2.7678, compared to 2.6402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1276 points.

H1 Avg (Jan–Jun) 2.7678

H2 Avg (Jul–Dec) 2.6402

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.1485 GEL (High: 2.8934 / Low: 2.7449). On the other end, August was the most stable month, with a tight range of 0.0459 GEL (High: 2.7233 / Low: 2.6774).

January Spread (Volatile) ±0.1485

August Spread (Stable) ±0.0459

Growth Streaks & Declines

Trends

Between June and August, 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 0.0975 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0975

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 2.8613) against the same month in 2010 (average: 2.7037), the exchange rate shifted by +0.1577 (+5.83%).

2011 Avg (February) 2.8613

2010 Avg (February) 2.7037

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8934	2.7449	2.8332
February	2.9192	2.8276	2.8613
March	2.8197	2.7309	2.7638
April	2.7619	2.6796	2.7252
May	2.7827	2.7029	2.7408
June	2.7257	2.6396	2.6826
July	2.7142	2.6634	2.6897
August	2.7233	2.6774	2.6988
September	2.6890	2.5556	2.6260
October	2.6747	2.5663	2.6166
November	2.6622	2.5657	2.6195
December	2.6325	2.5630	2.5904