2011 GEL to BBD Historical Review

YEARLY HIGH

1.2207 BBD

YEARLY LOW

1.1047 BBD

YEARLY AVERAGE

1.1872 BBD

2011 GEL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 1.2207. Conversely, the yearly low was recorded on January 17, dropping to 1.1047.

This high-to-low spread represents a total annual volatility of 0.1160 BBD. From a start-to-finish perspective, comparing the January average rate of 1.1135 to the December average rate of 1.2049, the exchange rate registered a net change of 8.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.2207 was up 3.30% compared to the 2010 peak of 1.1817, 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 6,104 BBD

2010 Average 5,596 BBD

Yearly Trough Low 5,524 BBD

Transaction Impact: A difference of 580.09 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.2222

1.1036

JanuMarcMayJulySeptNove

GEL to BBD 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 1.1689, compared to 1.2055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0366 points.

H1 Avg (Jan–Jun) 1.1689

H2 Avg (Jul–Dec) 1.2055

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0485 BBD (High: 1.2207 / Low: 1.1722). On the other end, November was the most stable month, with a tight range of 0.0056 BBD (High: 1.2092 / Low: 1.2036).

April Spread (Volatile) ±0.0485

November Spread (Stable) ±0.0056

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 0.0088 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.2019) against the same month in 2010 (average: 1.1369), the exchange rate shifted by +0.0650 (+5.71%).

2011 Avg (April) 1.2019

2010 Avg (April) 1.1369

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1286	1.1047	1.1135
February	1.1490	1.1095	1.1273
March	1.1781	1.1557	1.1688
April	1.2207	1.1722	1.2019
May	1.2196	1.1814	1.1932
June	1.2188	1.2004	1.2087
July	1.2150	1.1887	1.2007
August	1.2167	1.2012	1.2123
September	1.2080	1.2012	1.2035
October	1.2098	1.1980	1.2054
November	1.2092	1.2036	1.2064
December	1.2094	1.1893	1.2049