2011 GEL to IQD Historical Review

YEARLY HIGH

719.3110 IQD

YEARLY LOW

649.1724 IQD

YEARLY AVERAGE

695.2416 IQD

2011 GEL to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 719.3110. Conversely, the yearly low was recorded on January 25, dropping to 649.1724.

This high-to-low spread represents a total annual volatility of 70.1386 IQD. From a start-to-finish perspective, comparing the January average rate of 653.8078 to the December average rate of 704.0281, the exchange rate registered a net change of 7.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 719.3110 was up 5.18% compared to the 2010 peak of 683.9068, 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 3,596,555 IQD

2010 Average 3,266,869 IQD

Yearly Trough Low 3,245,862 IQD

Transaction Impact: A difference of 350,692.94 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

713.9393

648.3413

JanuMarcMayJulySeptNove

GEL to IQD 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 685.8308, compared to 704.6524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.8215 points.

H1 Avg (Jan–Jun) 685.8308

H2 Avg (Jul–Dec) 704.6524

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 31.7772 IQD (High: 719.3110 / Low: 687.5338). On the other end, September was the most stable month, with a tight range of 3.7749 IQD (High: 706.3934 / Low: 702.6185).

April Spread (Volatile) ±31.7772

September Spread (Stable) ±3.7749

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 April and May, when the average rate fell by 7.0099 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -7.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 705.3450) against the same month in 2010 (average: 665.3236), the exchange rate shifted by +40.0214 (+6.02%).

2011 Avg (April) 705.3450

2010 Avg (April) 665.3236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	660.8235	649.1724	653.8078
February	677.0709	653.6852	664.0370
March	693.3782	680.8779	687.4834
April	719.3110	687.5338	705.3450
May	712.1387	691.4567	698.3351
June	712.3712	700.8776	705.9766
July	710.5201	694.3399	701.3851
August	711.1840	701.7946	708.4728
September	706.3934	702.6185	703.9413
October	707.8160	700.2780	704.7463
November	707.2489	702.3256	705.3405
December	706.3687	695.1070	704.0281