2011 GEL to MZN Historical Review

YEARLY HIGH

19.0729 MZN

YEARLY LOW

15.8098 MZN

YEARLY AVERAGE

17.1003 MZN

2011 GEL to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 19.0729. Conversely, the yearly low was recorded on December 27, dropping to 15.8098.

This high-to-low spread represents a total annual volatility of 3.2631 MZN. From a start-to-finish perspective, comparing the January average rate of 18.0715 to the December average rate of 16.0653, the exchange rate registered a net change of -11.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 19.0729 was down 8.65% compared to the 2010 peak of 20.8790, 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 95,365 MZN

2010 Average 95,458 MZN

Yearly Trough Low 79,049 MZN

Transaction Impact: A difference of 16,315.71 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

18.8846

15.7546

JanuMarcMayJulySeptNove

GEL to MZN 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 18.0023, compared to 16.1983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8040 points.

H1 Avg (Jan–Jun) 18.0023

H2 Avg (Jul–Dec) 16.1983

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 1.6458 MZN (High: 19.0555 / Low: 17.4097). On the other end, October was the most stable month, with a tight range of 0.3316 MZN (High: 16.2386 / Low: 15.9070).

May Spread (Volatile) ±1.6458

October Spread (Stable) ±0.3316

Growth Streaks & Declines

Trends

Between February and April, 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 June and July, when the average rate fell by 0.7865 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7865

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 18.6237) against the same month in 2010 (average: 19.6740), the exchange rate shifted by -1.0503 (-5.34%).

2011 Avg (April) 18.6237

2010 Avg (April) 19.6740

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.5467	17.8046	18.0715
February	17.9688	17.6001	17.7819
March	18.2785	17.9164	18.0983
April	19.0729	17.9264	18.6237
May	19.0555	17.4097	17.9314
June	18.1143	16.9322	17.5067
July	17.0622	16.3545	16.7202
August	16.5810	16.0107	16.2202
September	16.4098	15.8742	16.1273
October	16.2386	15.9070	16.0154
November	16.4302	15.8361	16.0413
December	16.3024	15.8098	16.0653