2011 GEL to BND Historical Review

YEARLY HIGH

0.7907 BND

YEARLY LOW

0.7060 BND

YEARLY AVERAGE

0.7460 BND

2011 GEL to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.7907. Conversely, the yearly low was recorded on February 2, dropping to 0.7060.

This high-to-low spread represents a total annual volatility of 0.0847 BND. From a start-to-finish perspective, comparing the January average rate of 0.7168 to the December average rate of 0.7803, the exchange rate registered a net change of 8.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7907 was down 4.67% compared to the 2010 peak of 0.8294, 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 3,953 BND

2010 Average 3,816 BND

Yearly Trough Low 3,530 BND

Transaction Impact: A difference of 423.36 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7866

0.7105

JanuMarcMayJulySeptNove

GEL to BND 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 0.7353, compared to 0.7566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0213 points.

H1 Avg (Jan–Jun) 0.7353

H2 Avg (Jul–Dec) 0.7566

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0458 BND (High: 0.7712 / Low: 0.7254). On the other end, August was the most stable month, with a tight range of 0.0127 BND (High: 0.7393 / Low: 0.7266).

September Spread (Volatile) ±0.0458

August Spread (Stable) ±0.0127

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 0.0158 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.7784) against the same month in 2010 (average: 0.7363), the exchange rate shifted by +0.0420 (+5.71%).

2011 Avg (November) 0.7784

2010 Avg (November) 0.7363

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7306	0.7085	0.7168
February	0.7303	0.7060	0.7195
March	0.7499	0.7340	0.7414
April	0.7638	0.7404	0.7495
May	0.7469	0.7297	0.7384
June	0.7535	0.7389	0.7463
July	0.7397	0.7232	0.7305
August	0.7393	0.7266	0.7332
September	0.7712	0.7254	0.7481
October	0.7850	0.7532	0.7691
November	0.7907	0.7599	0.7784
December	0.7901	0.7715	0.7803