2011 GEL to ALL Historical Review

YEARLY HIGH

64.2794 ALL

YEARLY LOW

56.0826 ALL

YEARLY AVERAGE

59.8827 ALL

2011 GEL to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 64.2794. Conversely, the yearly low was recorded on February 2, dropping to 56.0826.

This high-to-low spread represents a total annual volatility of 8.1968 ALL. From a start-to-finish perspective, comparing the January average rate of 57.8344 to the December average rate of 63.2692, the exchange rate registered a net change of 9.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 64.2794 was up 1.94% compared to the 2010 peak of 63.0530, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 321,397 ALL

2010 Average 290,887 ALL

Yearly Trough Low 280,413 ALL

Transaction Impact: A difference of 40,984.00 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

63.8311

57.0878

JanuMarcMayJulySeptNove

GEL to ALL 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 58.5778, compared to 61.1877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6099 points.

H1 Avg (Jan–Jun) 58.5778

H2 Avg (Jul–Dec) 61.1877

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 3.8984 ALL (High: 60.0997 / Low: 56.2014). On the other end, July was the most stable month, with a tight range of 1.0198 ALL (High: 59.4329 / Low: 58.4131).

January Spread (Volatile) ±3.8984

July Spread (Stable) ±1.0198

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8453 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.8453

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 63.2692) against the same month in 2010 (average: 59.5256), the exchange rate shifted by +3.7436 (+6.29%).

2011 Avg (December) 63.2692

2010 Avg (December) 59.5256

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	60.0997	56.2014	57.8344
February	58.2725	56.0826	57.6498
March	59.6261	58.0616	58.5134
April	60.1892	58.0554	58.8608
May	60.0231	57.1080	58.9658
June	60.4026	58.6617	59.6426
July	59.4329	58.4131	58.7973
August	59.6755	58.6365	59.1702
September	62.7147	59.3765	61.3402
October	63.7508	60.3268	61.8441
November	63.8096	61.8859	62.7049
December	64.2794	61.5052	63.2692