2011 GEL to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GEL to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GEL to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 1186.0549. Conversely, the yearly low was recorded on January 19, dropping to 1018.8440.
This high-to-low spread represents a total annual volatility of 167.2109 COP. From a start-to-finish perspective, comparing the January average rate of 1042.0199 to the December average rate of 1165.2345, the exchange rate registered a net change of 11.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 1186.0549 was down 1.80% compared to the 2010 peak of 1207.8370, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
GEL to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1074.1255, compared to 1119.5528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 45.4273 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was January, with a trading range of 83.5927 COP (High: 1102.4366 / Low: 1018.8440). On the other end, March was the most stable month, with a tight range of 21.8699 COP (High: 1109.3684 / Low: 1087.4985).
Growth Streaks & Declines
TrendsBetween 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 19.8431 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2011: 1148.1478) against the same month in 2010 (average: 1007.4018), the exchange rate shifted by +140.7460 (+13.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1102.4366 | 1018.8440 | 1042.0199 |
| February | 1096.4178 | 1028.9952 | 1061.7362 |
| March | 1109.3684 | 1087.4985 | 1099.8448 |
| April | 1104.9972 | 1077.5237 | 1088.5071 |
| May | 1095.7476 | 1042.2784 | 1074.6663 |
| June | 1090.0539 | 1067.8764 | 1077.9789 |
| July | 1072.5100 | 1041.6132 | 1058.1358 |
| August | 1095.7822 | 1072.0536 | 1082.7238 |
| September | 1153.7182 | 1072.6908 | 1104.6087 |
| October | 1186.0549 | 1121.9060 | 1148.1478 |
| November | 1180.3119 | 1138.5716 | 1158.4664 |
| December | 1172.2907 | 1144.4442 | 1165.2345 |