2011 GEL to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GEL to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GEL to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 52.3576. Conversely, the yearly low was recorded on January 30, dropping to 47.8803.
This high-to-low spread represents a total annual volatility of 4.4773 JMD. From a start-to-finish perspective, comparing the January average rate of 48.3579 to the December average rate of 51.9516, the exchange rate registered a net change of 7.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 52.3576 was down 0.02% compared to the 2010 peak of 52.3690, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
GEL to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 50.3000, compared to 51.6789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3789 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was February, with a trading range of 1.8823 JMD (High: 50.0551 / Low: 48.1727). On the other end, September was the most stable month, with a tight range of 0.4913 JMD (High: 51.7539 / Low: 51.2627).
Growth Streaks & Declines
TrendsBetween 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 0.5964 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 51.9516) against the same month in 2010 (average: 49.2779), the exchange rate shifted by +2.6737 (+5.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 49.1785 | 47.8803 | 48.3579 |
| February | 50.0551 | 48.1727 | 48.9747 |
| March | 51.2898 | 50.2010 | 50.8493 |
| April | 51.9865 | 50.1541 | 51.3590 |
| May | 51.9600 | 50.3082 | 50.7626 |
| June | 51.9729 | 51.0526 | 51.4966 |
| July | 51.7744 | 50.6239 | 51.2186 |
| August | 52.1338 | 51.3888 | 51.8076 |
| September | 51.7539 | 51.2627 | 51.4810 |
| October | 52.0898 | 51.3506 | 51.7282 |
| November | 52.2617 | 51.6332 | 51.8867 |
| December | 52.3576 | 51.2525 | 51.9516 |