2011 GEL to CDF Historical Review

YEARLY HIGH

558.3267 CDF

YEARLY LOW

498.9759 CDF

YEARLY AVERAGE

541.0839 CDF

2011 GEL to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 558.3267. Conversely, the yearly low was recorded on January 24, dropping to 498.9759.

This high-to-low spread represents a total annual volatility of 59.3507 CDF. From a start-to-finish perspective, comparing the January average rate of 504.7492 to the December average rate of 544.9602, the exchange rate registered a net change of 7.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 558.3267 was up 4.64% compared to the 2010 peak of 533.5618, 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 2,791,633 CDF

2010 Average 2,505,875 CDF

Yearly Trough Low 2,494,880 CDF

Transaction Impact: A difference of 296,753.67 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

557.2210

499.9790

JanuMarcMayJulySeptNove

GEL to CDF 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 532.5816, compared to 549.5862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.0047 points.

H1 Avg (Jan–Jun) 532.5816

H2 Avg (Jul–Dec) 549.5862

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 24.9139 CDF (High: 556.9678 / Low: 532.0539). On the other end, September was the most stable month, with a tight range of 7.0549 CDF (High: 555.2767 / Low: 548.2218).

April Spread (Volatile) ±24.9139

September Spread (Stable) ±7.0549

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 November and December, when the average rate fell by 4.2347 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.2347

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 552.1652) against the same month in 2010 (average: 501.5467), the exchange rate shifted by +50.6185 (+10.09%).

2011 Avg (October) 552.1652

2010 Avg (October) 501.5467

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	516.1891	498.9759	504.7492
February	525.7437	504.9742	515.9568
March	538.2026	528.6360	533.6349
April	556.9678	532.0539	547.6444
May	554.8382	539.1180	544.8200
June	554.2935	545.4283	548.6840
July	557.4343	541.3475	547.6021
August	557.6772	543.5997	552.4508
September	555.2767	548.2218	551.1442
October	558.3267	545.1706	552.1652
November	552.5971	543.1310	549.1949
December	549.1047	539.8069	544.9602