2011 GEL to EUR Historical Review

YEARLY HIGH

0.4652 EUR

YEARLY LOW

0.4016 EUR

YEARLY AVERAGE

0.4267 EUR

2011 GEL to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.4652. Conversely, the yearly low was recorded on May 4, dropping to 0.4016.

This high-to-low spread represents a total annual volatility of 0.0636 EUR. From a start-to-finish perspective, comparing the January average rate of 0.4165 to the December average rate of 0.4576, the exchange rate registered a net change of 9.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4652 was up 1.22% compared to the 2010 peak of 0.4596, 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 2,326 EUR

2010 Average 2,111 EUR

Yearly Trough Low 2,008 EUR

Transaction Impact: A difference of 318.15 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4621

0.4084

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 0.4164, compared to 0.4370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 0.4164

H2 Avg (Jul–Dec) 0.4370

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0331 EUR (High: 0.4360 / Low: 0.4030). On the other end, August was the most stable month, with a tight range of 0.0097 EUR (High: 0.4286 / Low: 0.4189).

January Spread (Volatile) ±0.0331

August Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 0.0036 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.4576) against the same month in 2010 (average: 0.4290), the exchange rate shifted by +0.0286 (+6.66%).

2011 Avg (December) 0.4576

2010 Avg (December) 0.4290

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4360	0.4030	0.4165
February	0.4181	0.4021	0.4129
March	0.4261	0.4129	0.4170
April	0.4247	0.4110	0.4155
May	0.4250	0.4016	0.4163
June	0.4276	0.4117	0.4201
July	0.4265	0.4137	0.4200
August	0.4286	0.4189	0.4228
September	0.4485	0.4230	0.4371
October	0.4523	0.4255	0.4391
November	0.4549	0.4368	0.4450
December	0.4652	0.4471	0.4576