2011 GEL to DJF Historical Review

YEARLY HIGH

108.4742 DJF

YEARLY LOW

98.1648 DJF

YEARLY AVERAGE

105.5213 DJF

2011 GEL to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 108.4742. Conversely, the yearly low was recorded on January 17, dropping to 98.1648.

This high-to-low spread represents a total annual volatility of 10.3095 DJF. From a start-to-finish perspective, comparing the January average rate of 98.9437 to the December average rate of 107.3279, the exchange rate registered a net change of 8.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 108.4742 was up 3.30% compared to the 2010 peak of 105.0098, 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 542,371 DJF

2010 Average 497,299 DJF

Yearly Trough Low 490,824 DJF

Transaction Impact: A difference of 51,547.29 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

108.6080

98.0652

JanuMarcMayJulySeptNove

GEL to DJF 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 103.8694, compared to 107.1732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3038 points.

H1 Avg (Jan–Jun) 103.8694

H2 Avg (Jul–Dec) 107.1732

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 4.3127 DJF (High: 108.4742 / Low: 104.1615). On the other end, September was the most stable month, with a tight range of 0.5997 DJF (High: 107.3414 / Low: 106.7416).

April Spread (Volatile) ±4.3127

September Spread (Stable) ±0.5997

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 0.7861 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7861

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 106.7980) against the same month in 2010 (average: 101.0256), the exchange rate shifted by +5.7724 (+5.71%).

2011 Avg (April) 106.7980

2010 Avg (April) 101.0256

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	100.2841	98.1648	98.9437
February	102.0999	98.5937	100.1762
March	104.6880	102.6933	103.8639
April	108.4742	104.1615	106.7980
May	108.3709	104.9839	106.0278
June	108.3069	106.6714	107.4070
July	107.9637	105.6258	106.6975
August	108.1147	106.7354	107.7294
September	107.3414	106.7416	106.9433
October	107.5062	106.4552	107.1141
November	107.8773	106.9538	107.2272
December	108.0006	106.3321	107.3279