2011 GEL to ANG Historical Review

YEARLY HIGH

1.0930 ANG

YEARLY LOW

0.9891 ANG

YEARLY AVERAGE

1.0593 ANG

2011 GEL to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 1.0930. Conversely, the yearly low was recorded on January 17, dropping to 0.9891.

This high-to-low spread represents a total annual volatility of 0.1039 ANG. From a start-to-finish perspective, comparing the January average rate of 0.9970 to the December average rate of 1.0784, the exchange rate registered a net change of 8.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0930 was up 3.28% compared to the 2010 peak of 1.0582, 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 5,465 ANG

2010 Average 5,011 ANG

Yearly Trough Low 4,946 ANG

Transaction Impact: A difference of 519.40 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0908

0.9884

JanuMarcMayJulySeptNove

GEL to ANG 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 1.0466, compared to 1.0720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0254 points.

H1 Avg (Jan–Jun) 1.0466

H2 Avg (Jul–Dec) 1.0720

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0435 ANG (High: 1.0930 / Low: 1.0496). On the other end, September was the most stable month, with a tight range of 0.0060 ANG (High: 1.0698 / Low: 1.0638).

April Spread (Volatile) ±0.0435

September Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.0139 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.0761) against the same month in 2010 (average: 1.0181), the exchange rate shifted by +0.0580 (+5.70%).

2011 Avg (April) 1.0761

2010 Avg (April) 1.0181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0105	0.9891	0.9970
February	1.0288	0.9934	1.0094
March	1.0549	1.0348	1.0466
April	1.0930	1.0496	1.0761
May	1.0920	1.0578	1.0684
June	1.0913	1.0748	1.0823
July	1.0794	1.0560	1.0683
August	1.0809	1.0671	1.0763
September	1.0698	1.0638	1.0663
October	1.0733	1.0610	1.0678
November	1.0834	1.0670	1.0749
December	1.0826	1.0644	1.0784