2011 GEL to MRO Historical Review

YEARLY HIGH

175.7156 MRO

YEARLY LOW

152.4296 MRO

YEARLY AVERAGE

166.0415 MRO

2011 GEL to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 175.7156. Conversely, the yearly low was recorded on February 3, dropping to 152.4296.

This high-to-low spread represents a total annual volatility of 23.2860 MRO. From a start-to-finish perspective, comparing the January average rate of 156.0370 to the December average rate of 172.4927, the exchange rate registered a net change of 10.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 175.7156 was up 8.86% compared to the 2010 peak of 161.4111, 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 878,578 MRO

2010 Average 765,973 MRO

Yearly Trough Low 762,148 MRO

Transaction Impact: A difference of 116,430.01 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

174.9009

154.3221

JanuMarcMayJulySeptNove

GEL to MRO 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 162.0162, compared to 170.0667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.0505 points.

H1 Avg (Jan–Jun) 162.0162

H2 Avg (Jul–Dec) 170.0667

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 12.8987 MRO (High: 165.3283 / Low: 152.4296). On the other end, September was the most stable month, with a tight range of 2.7034 MRO (High: 170.4029 / Low: 167.6995).

February Spread (Volatile) ±12.8987

September Spread (Stable) ±2.7034

Growth Streaks & Declines

Trends

Between May and October, 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 April and May, when the average rate fell by 3.2721 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.2721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 173.1860) against the same month in 2010 (average: 157.8002), the exchange rate shifted by +15.3858 (+9.75%).

2011 Avg (October) 173.1860

2010 Avg (October) 157.8002

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	159.1348	152.5791	156.0370
February	165.3283	152.4296	158.9426
March	167.8174	161.8774	164.9352
April	172.0707	163.1873	165.2522
May	166.1302	158.5969	161.9802
June	167.4924	162.7503	164.9502
July	168.4792	163.1435	165.3501
August	170.9317	164.7104	168.4814
September	170.4029	167.6995	169.0817
October	175.7156	169.1516	173.1860
November	173.6623	169.1544	171.8085
December	174.0737	171.1260	172.4927