YEARLY HIGH
50.5516 CVE
YEARLY LOW
43.4921 CVE
YEARLY AVERAGE
46.5652 CVE

2010 GEL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the GEL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 50.5516. Conversely, the yearly low was recorded on October 17, dropping to 43.4921.

This high-to-low spread represents a total annual volatility of 7.0596 CVE. From a start-to-finish perspective, comparing the January average rate of 45.1924 to the December average rate of 47.3238, the exchange rate registered a net change of 4.72% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 252,758 CVE
Yearly Average 232,826 CVE
Yearly Trough Low 217,460 CVE
Transaction Impact: A difference of 35,297.88 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

49.1380
43.7643
JanuMarcMayJulySeptNove

GEL to CVE 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 46.9811, compared to 46.1493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8318 points.

H1 Avg (Jan–Jun) 46.9811
H2 Avg (Jul–Dec) 46.1493

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 4.1442 CVE (High: 48.0270 / Low: 43.8828). On the other end, April was the most stable month, with a tight range of 0.6809 CVE (High: 47.3160 / Low: 46.6351).

November Spread (Volatile) ±4.1442
April Spread (Stable) ±0.6809

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.9012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9012

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 47.6494.

2010 Avg (May) 47.6494
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.8758 44.4315 45.1924
February 47.5901 45.4398 46.5534
March 47.6462 46.2641 47.0780
April 47.3160 46.6351 46.7233
May 50.5516 46.6694 47.6494
June 50.5146 47.1973 48.6902
July 48.7354 45.8373 46.9157
August 47.5070 45.2060 46.4982
September 47.0773 44.7230 46.1133
October 44.8650 43.4921 44.2121
November 48.0270 43.8828 45.8326
December 47.9300 46.5637 47.3238