YEARLY HIGH
0.4596 EUR
YEARLY LOW
0.3926 EUR
YEARLY AVERAGE
0.4222 EUR

2010 GEL to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the GEL to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 26, valuing the pair at 0.4596. Conversely, the yearly low was recorded on October 18, dropping to 0.3926.

This high-to-low spread represents a total annual volatility of 0.0670 EUR. From a start-to-finish perspective, comparing the January average rate of 0.4100 to the December average rate of 0.4290, the exchange rate registered a net change of 4.65% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 2,298 EUR
Yearly Average 2,111 EUR
Yearly Trough Low 1,963 EUR
Transaction Impact: A difference of 334.98 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.4455
0.3968
JanuMarcMayJulySeptNove

GEL to EUR 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 0.4260, compared to 0.4183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.4260
H2 Avg (Jul–Dec) 0.4183

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0384 EUR (High: 0.4596 / Low: 0.4212). On the other end, April was the most stable month, with a tight range of 0.0083 EUR (High: 0.4288 / Low: 0.4205).

May Spread (Volatile) ±0.0384
April Spread (Stable) ±0.0083

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 0.0168 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0168

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 0.4327.

2010 Avg (May) 0.4327
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4152 0.4044 0.4100
February 0.4307 0.4107 0.4221
March 0.4325 0.4200 0.4268
April 0.4288 0.4205 0.4233
May 0.4596 0.4212 0.4327
June 0.4575 0.4283 0.4415
July 0.4370 0.4156 0.4247
August 0.4305 0.4095 0.4215
September 0.4266 0.4063 0.4176
October 0.4076 0.3926 0.4008
November 0.4352 0.3987 0.4161
December 0.4346 0.4221 0.4290