2011 GEL to HNL Historical Review

YEARLY HIGH

11.5429 HNL

YEARLY LOW

10.4505 HNL

YEARLY AVERAGE

11.2256 HNL

2011 GEL to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 11.5429. Conversely, the yearly low was recorded on January 17, dropping to 10.4505.

This high-to-low spread represents a total annual volatility of 1.0923 HNL. From a start-to-finish perspective, comparing the January average rate of 10.5335 to the December average rate of 11.4198, the exchange rate registered a net change of 8.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 11.5429 was up 3.24% compared to the 2010 peak of 11.1807, 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 57,714 HNL

2010 Average 52,943 HNL

Yearly Trough Low 52,253 HNL

Transaction Impact: A difference of 5,461.66 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

11.5208

10.4437

JanuMarcMayJulySeptNove

GEL to HNL 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 11.0552, compared to 11.3960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3407 points.

H1 Avg (Jan–Jun) 11.0552

H2 Avg (Jul–Dec) 11.3960

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.4607 HNL (High: 11.5429 / Low: 11.0822). On the other end, September was the most stable month, with a tight range of 0.0610 HNL (High: 11.3850 / Low: 11.3240).

April Spread (Volatile) ±0.4607

September Spread (Stable) ±0.0610

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 June and July, when the average rate fell by 0.0809 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0809

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 11.3659) against the same month in 2010 (average: 10.7551), the exchange rate shifted by +0.6108 (+5.68%).

2011 Avg (April) 11.3659

2010 Avg (April) 10.7551

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6761	10.4505	10.5335
February	10.8615	10.4962	10.6627
March	11.1544	10.9278	11.0526
April	11.5429	11.0822	11.3659
May	11.5302	11.1765	11.2858
June	11.5302	11.3443	11.4311
July	11.4800	11.2369	11.3502
August	11.4648	11.2882	11.4042
September	11.3850	11.3240	11.3596
October	11.4731	11.3320	11.4139
November	11.4600	11.3730	11.4283
December	11.4732	11.2993	11.4198