2011 GEL to GMD Historical Review

YEARLY HIGH

18.1426 GMD

YEARLY LOW

15.0058 GMD

YEARLY AVERAGE

16.7315 GMD

2011 GEL to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 18.1426. Conversely, the yearly low was recorded on January 30, dropping to 15.0058.

This high-to-low spread represents a total annual volatility of 3.1369 GMD. From a start-to-finish perspective, comparing the January average rate of 15.4349 to the December average rate of 17.4459, the exchange rate registered a net change of 13.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 18.1426 was up 10.03% compared to the 2010 peak of 16.4891, 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 90,713 GMD

2010 Average 77,212 GMD

Yearly Trough Low 75,029 GMD

Transaction Impact: A difference of 15,684.29 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

17.8344

15.2168

JanuMarcMayJulySeptNove

GEL to GMD 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 16.1970, compared to 17.2659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0690 points.

H1 Avg (Jan–Jun) 16.1970

H2 Avg (Jul–Dec) 17.2659

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.4655 GMD (High: 18.1426 / Low: 16.6771). On the other end, November was the most stable month, with a tight range of 0.6673 GMD (High: 17.9777 / Low: 17.3104).

September Spread (Volatile) ±1.4655

November Spread (Stable) ±0.6673

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 November and December, when the average rate fell by 0.1704 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1704

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 17.5221) against the same month in 2010 (average: 15.8522), the exchange rate shifted by +1.6700 (+10.53%).

2011 Avg (September) 17.5221

2010 Avg (September) 15.8522

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.7099	15.0058	15.4349
February	16.2357	15.2458	15.8189
March	16.4976	15.6424	16.1583
April	17.1080	15.7449	16.5590
May	17.0276	16.1253	16.5338
June	17.3041	16.1039	16.6770
July	17.0828	15.9193	16.6382
August	17.5014	16.4295	16.8687
September	18.1426	16.6771	17.5221
October	18.1426	17.0019	17.5045
November	17.9777	17.3104	17.6163
December	17.8363	17.0637	17.4459