2011 GEL to NGN Historical Review

YEARLY HIGH

99.2551 NGN

YEARLY LOW

84.0114 NGN

YEARLY AVERAGE

92.5569 NGN

2011 GEL to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 99.2551. Conversely, the yearly low was recorded on January 27, dropping to 84.0114.

This high-to-low spread represents a total annual volatility of 15.2437 NGN. From a start-to-finish perspective, comparing the January average rate of 84.9536 to the December average rate of 97.8458, the exchange rate registered a net change of 15.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 99.2551 was up 11.65% compared to the 2010 peak of 88.9006, 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 496,275 NGN

2010 Average 422,810 NGN

Yearly Trough Low 420,057 NGN

Transaction Impact: A difference of 76,218.50 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

99.1351

83.6644

JanuMarcMayJulySeptNove

GEL to NGN 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 90.3310, compared to 94.7828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4519 points.

H1 Avg (Jan–Jun) 90.3310

H2 Avg (Jul–Dec) 94.7828

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 4.6776 NGN (High: 99.2551 / Low: 94.5775). On the other end, January was the most stable month, with a tight range of 2.0593 NGN (High: 86.0706 / Low: 84.0114).

October Spread (Volatile) ±4.6776

January Spread (Stable) ±2.0593

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 2.7164 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.7164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 96.4284) against the same month in 2010 (average: 84.7346), the exchange rate shifted by +11.6938 (+13.80%).

2011 Avg (October) 96.4284

2010 Avg (October) 84.7346

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	86.0706	84.0114	84.9536
February	88.1155	84.5342	86.1904
March	91.9865	88.6696	90.6445
April	94.2980	90.5509	92.9269
May	94.2980	91.5035	93.1372
June	95.4270	91.5926	94.1333
July	92.6365	90.4193	91.4169
August	94.5763	90.0334	93.1228
September	95.7547	93.2167	94.0517
October	99.2551	94.5775	96.4284
November	97.3223	94.8288	95.8314
December	99.0805	96.9407	97.8458