2010 GEL to MKD Historical Review

YEARLY HIGH

28.1336 MKD

YEARLY LOW

24.2048 MKD

YEARLY AVERAGE

25.9151 MKD

2010 GEL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the GEL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 27, valuing the pair at 28.1336. Conversely, the yearly low was recorded on October 17, dropping to 24.2048.

This high-to-low spread represents a total annual volatility of 3.9289 MKD. From a start-to-finish perspective, comparing the January average rate of 25.1510 to the December average rate of 26.3372, the exchange rate registered a net change of 4.72% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 140,668 MKD

Yearly Average 129,575 MKD

Yearly Trough Low 121,024 MKD

Transaction Impact: A difference of 19,644.42 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

27.3469

24.3562

JanuMarcMayJulySeptNove

GEL to MKD 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 26.1465, compared to 25.6836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4629 points.

H1 Avg (Jan–Jun) 26.1465

H2 Avg (Jul–Dec) 25.6836

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 2.3064 MKD (High: 26.7286 / Low: 24.4222). On the other end, April was the most stable month, with a tight range of 0.3789 MKD (High: 26.3329 / Low: 25.9540).

November Spread (Volatile) ±2.3064

April Spread (Stable) ±0.3789

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.0581 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0581

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 26.5184.

2010 Avg (May) 26.5184

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.5314	24.7276	25.1510
February	26.4854	25.2887	25.9085
March	26.5167	25.7475	26.2004
April	26.3329	25.9540	26.0031
May	28.1336	25.9730	26.5184
June	28.1130	26.2668	27.0977
July	27.1228	25.5099	26.1101
August	26.4392	25.1586	25.8778
September	26.2000	24.8898	25.6636
October	24.9688	24.2048	24.6055
November	26.7286	24.4222	25.5074
December	26.6746	25.9142	26.3372