2011 GEL to MNT Historical Review

YEARLY HIGH

831.8326 MNT

YEARLY LOW

682.9147 MNT

YEARLY AVERAGE

746.4896 MNT

2011 GEL to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 831.8326. Conversely, the yearly low was recorded on January 30, dropping to 682.9147.

This high-to-low spread represents a total annual volatility of 148.9179 MNT. From a start-to-finish perspective, comparing the January average rate of 693.0408 to the December average rate of 821.8239, the exchange rate registered a net change of 18.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 831.8326 was down 4.06% compared to the 2010 peak of 867.0716, 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 4,159,163 MNT

2010 Average 3,786,820 MNT

Yearly Trough Low 3,414,574 MNT

Transaction Impact: A difference of 744,589.30 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

834.7022

680.1625

JanuMarcMayJulySeptNove

GEL to MNT 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 722.1249, compared to 770.8543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 48.7294 points.

H1 Avg (Jan–Jun) 722.1249

H2 Avg (Jul–Dec) 770.8543

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 68.8225 MNT (High: 767.5256 / Low: 698.7031). On the other end, September was the most stable month, with a tight range of 13.5760 MNT (High: 761.7123 / Low: 748.1363).

April Spread (Volatile) ±68.8225

September Spread (Stable) ±13.5760

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 10.5940 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -10.5940

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 821.8239) against the same month in 2010 (average: 694.2765), the exchange rate shifted by +127.5473 (+18.37%).

2011 Avg (December) 821.8239

2010 Avg (December) 694.2765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	717.5335	682.9147	693.0408
February	716.8507	690.4062	703.4014
March	727.8184	697.9973	715.4706
April	767.5256	698.7031	730.2916
May	766.5759	716.3286	733.5740
June	769.1036	741.0091	756.9711
July	760.2315	734.9420	746.3771
August	759.5949	731.2198	745.2657
September	761.7123	748.1363	754.2441
October	781.4321	754.9688	771.5496
November	808.2362	777.4908	785.8655
December	831.8326	804.9035	821.8239