2011 GEL to GNF Historical Review

YEARLY HIGH

4419.6528 GNF

YEARLY LOW

3848.3304 GNF

YEARLY AVERAGE

4103.0054 GNF

2011 GEL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 4419.6528. Conversely, the yearly low was recorded on September 8, dropping to 3848.3304.

This high-to-low spread represents a total annual volatility of 571.3224 GNF. From a start-to-finish perspective, comparing the January average rate of 4019.6590 to the December average rate of 4173.6797, the exchange rate registered a net change of 3.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 4419.6528 was up 8.11% compared to the 2010 peak of 4088.0334, 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 22,098,264 GNF

2010 Average 15,620,178 GNF

Yearly Trough Low 19,241,652 GNF

Transaction Impact: A difference of 2,856,612.04 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

4269.0814

3944.8047

JanuMarcMayJulySeptNove

GEL to GNF 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 4139.6874, compared to 4066.3235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 73.3639 points.

H1 Avg (Jan–Jun) 4139.6874

H2 Avg (Jul–Dec) 4066.3235

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 337.4315 GNF (High: 4203.1459 / Low: 3865.7144). On the other end, June was the most stable month, with a tight range of 71.4334 GNF (High: 4084.6808 / Low: 4013.2475).

January Spread (Volatile) ±337.4315

June Spread (Stable) ±71.4334

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 May and June, when the average rate fell by 171.1873 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -171.1873

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 4169.7855) against the same month in 2010 (average: 2907.2138), the exchange rate shifted by +1262.5717 (+43.43%).

2011 Avg (March) 4169.7855

2010 Avg (March) 2907.2138

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4203.1459	3865.7144	4019.6590
February	4290.2422	4027.9722	4153.3959
March	4419.6528	4116.0530	4169.7855
April	4305.7720	4149.8473	4242.0583
May	4302.4123	3971.1966	4212.2064
June	4084.6808	4013.2475	4041.0191
July	4067.3597	3966.4647	4013.3610
August	4269.0985	3993.1927	4072.6619
September	4095.4088	3848.3304	3971.8277
October	4133.8883	3980.0565	4071.4772
November	4208.2039	3994.3429	4094.9332
December	4234.9721	4065.5354	4173.6797