2011 GEL to AWG Historical Review

YEARLY HIGH

1.0927 AWG

YEARLY LOW

0.9889 AWG

YEARLY AVERAGE

1.0627 AWG

2011 GEL to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 1.0927. Conversely, the yearly low was recorded on January 17, dropping to 0.9889.

This high-to-low spread represents a total annual volatility of 0.1039 AWG. From a start-to-finish perspective, comparing the January average rate of 0.9967 to the December average rate of 1.0784, the exchange rate registered a net change of 8.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0927 was up 3.30% compared to the 2010 peak of 1.0578, 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 5,464 AWG

2010 Average 5,009 AWG

Yearly Trough Low 4,944 AWG

Transaction Impact: A difference of 519.26 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0940

0.9878

JanuMarcMayJulySeptNove

GEL to AWG 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 1.0463, compared to 1.0791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0328 points.

H1 Avg (Jan–Jun) 1.0463

H2 Avg (Jul–Dec) 1.0791

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0434 AWG (High: 1.0927 / Low: 1.0493). On the other end, September was the most stable month, with a tight range of 0.0060 AWG (High: 1.0813 / Low: 1.0752).

April Spread (Volatile) ±0.0434

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 August and September, when the average rate fell by 0.0079 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.0758) against the same month in 2010 (average: 1.0177), the exchange rate shifted by +0.0581 (+5.71%).

2011 Avg (April) 1.0758

2010 Avg (April) 1.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0102	0.9889	0.9967
February	1.0285	0.9932	1.0091
March	1.0546	1.0345	1.0463
April	1.0927	1.0493	1.0758
May	1.0917	1.0575	1.0681
June	1.0910	1.0745	1.0820
July	1.0876	1.0640	1.0748
August	1.0891	1.0752	1.0852
September	1.0813	1.0752	1.0773
October	1.0830	1.0724	1.0790
November	1.0834	1.0770	1.0800
December	1.0831	1.0644	1.0784