2011 GEL to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GEL to KZT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GEL to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 89.6290. Conversely, the yearly low was recorded on January 27, dropping to 81.1326.
This high-to-low spread represents a total annual volatility of 8.4964 KZT. From a start-to-finish perspective, comparing the January average rate of 81.8381 to the December average rate of 89.1598, the exchange rate registered a net change of 8.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 89.6290 was up 2.17% compared to the 2010 peak of 87.7282, 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 KZT 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 85.3084, compared to 88.7453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4369 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was April, with a trading range of 3.2912 KZT (High: 88.8036 / Low: 85.5124). On the other end, September was the most stable month, with a tight range of 0.6909 KZT (High: 89.0255 / Low: 88.3345).
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 0.5927 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2011: 89.1606) against the same month in 2010 (average: 82.2371), the exchange rate shifted by +6.9236 (+8.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 83.1154 | 81.1326 | 81.8381 |
| February | 83.8522 | 81.3981 | 82.4926 |
| March | 85.9407 | 84.2848 | 85.1698 |
| April | 88.8036 | 85.5124 | 87.4158 |
| May | 88.8036 | 85.9915 | 86.8231 |
| June | 88.9383 | 87.3669 | 88.1108 |
| July | 88.4608 | 86.8500 | 87.6006 |
| August | 89.1894 | 88.0043 | 88.7641 |
| September | 89.0255 | 88.3345 | 88.6048 |
| October | 89.6290 | 88.6845 | 89.1606 |
| November | 89.6010 | 88.5223 | 89.1818 |
| December | 89.5684 | 88.2553 | 89.1598 |