2011 GEL to MXN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GEL to MXN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GEL to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 8.5864. Conversely, the yearly low was recorded on January 18, dropping to 6.6404.
This high-to-low spread represents a total annual volatility of 1.9460 MXN. From a start-to-finish perspective, comparing the January average rate of 6.7597 to the December average rate of 8.2894, the exchange rate registered a net change of 22.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 8.5864 was up 10.86% compared to the 2010 peak of 7.7456, 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 MXN 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 6.9486, compared to 7.8206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8721 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was September, with a trading range of 0.9441 MXN (High: 8.3766 / Low: 7.4325). On the other end, March was the most stable month, with a tight range of 0.1157 MXN (High: 7.0820 / Low: 6.9663).
Growth Streaks & Declines
TrendsBetween July and December, 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 0.1342 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2011: 8.2685) against the same month in 2010 (average: 6.9998), the exchange rate shifted by +1.2687 (+18.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.9775 | 6.6404 | 6.7597 |
| February | 6.9542 | 6.6633 | 6.7988 |
| March | 7.0820 | 6.9663 | 7.0126 |
| April | 7.1436 | 6.9481 | 7.0325 |
| May | 7.0172 | 6.8768 | 6.9484 |
| June | 7.2551 | 6.9792 | 7.1394 |
| July | 7.0987 | 6.9290 | 7.0051 |
| August | 7.6021 | 7.0797 | 7.4224 |
| September | 8.3766 | 7.4325 | 7.8372 |
| October | 8.3762 | 7.8727 | 8.1011 |
| November | 8.5864 | 8.0482 | 8.2685 |
| December | 8.3983 | 8.1455 | 8.2894 |