2011 GEL to MDL Historical Review

YEARLY HIGH

7.1888 MDL

YEARLY LOW

6.5770 MDL

YEARLY AVERAGE

6.9491 MDL

2011 GEL to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 7.1888. Conversely, the yearly low was recorded on January 27, dropping to 6.5770.

This high-to-low spread represents a total annual volatility of 0.6118 MDL. From a start-to-finish perspective, comparing the January average rate of 6.7798 to the December average rate of 7.0784, the exchange rate registered a net change of 4.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 7.1888 was down 4.11% compared to the 2010 peak of 7.4971, 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 35,944 MDL

2010 Average 34,624 MDL

Yearly Trough Low 32,885 MDL

Transaction Impact: A difference of 3,059.22 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

7.1104

6.7271

JanuMarcMayJulySeptNove

GEL to MDL 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 6.9010, compared to 6.9973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0963 points.

H1 Avg (Jan–Jun) 6.9010

H2 Avg (Jul–Dec) 6.9973

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.3959 MDL (High: 7.1799 / Low: 6.7841). On the other end, August was the most stable month, with a tight range of 0.1265 MDL (High: 6.9493 / Low: 6.8228).

September Spread (Volatile) ±0.3959

August Spread (Stable) ±0.1265

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0784 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 7.0520) against the same month in 2010 (average: 6.5596), the exchange rate shifted by +0.4924 (+7.51%).

2011 Avg (October) 7.0520

2010 Avg (October) 6.5596

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.9593	6.5770	6.7798
February	6.8917	6.6107	6.7591
March	7.0408	6.8525	6.9835
April	7.0778	6.9143	6.9916
May	7.0754	6.7078	6.9132
June	7.1694	6.8342	6.9788
July	6.9744	6.8107	6.9036
August	6.9493	6.8228	6.8838
September	7.1799	6.7841	6.9912
October	7.1888	6.8989	7.0520
November	7.1703	6.9944	7.0748
December	7.1561	6.9256	7.0784