2010 GEL to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 GEL to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the GEL to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 28.7522. Conversely, the yearly low was recorded on August 15, dropping to 23.5292.
This high-to-low spread represents a total annual volatility of 5.2230 AFN. From a start-to-finish perspective, comparing the January average rate of 28.1638 to the December average rate of 24.4040, the exchange rate registered a net change of -13.35% (reflecting a weakening trend).
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
GEL to AFN 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 26.4479, compared to 24.2411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2068 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was May, with a trading range of 3.0276 AFN (High: 26.6407 / Low: 23.6130). On the other end, December was the most stable month, with a tight range of 0.2351 AFN (High: 24.5116 / Low: 24.2765).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.1508 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 28.1638.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.7522 | 27.4261 | 28.1638 |
| February | 27.7857 | 27.2432 | 27.5547 |
| March | 27.6196 | 26.3355 | 27.0439 |
| April | 26.5891 | 25.8008 | 26.1972 |
| May | 26.6407 | 23.6130 | 25.0464 |
| June | 26.2193 | 24.1184 | 24.6813 |
| July | 24.8131 | 23.6309 | 24.4317 |
| August | 24.4446 | 23.5292 | 23.9866 |
| September | 24.3797 | 23.8992 | 24.0727 |
| October | 24.3179 | 23.8165 | 24.1282 |
| November | 24.5526 | 24.1704 | 24.4231 |
| December | 24.5116 | 24.2765 | 24.4040 |