2010 GEL to QAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 GEL to QAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the GEL to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.1508. Conversely, the yearly low was recorded on May 25, dropping to 1.8880.
This high-to-low spread represents a total annual volatility of 0.2628 QAR. From a start-to-finish perspective, comparing the January average rate of 2.1278 to the December average rate of 2.0649, the exchange rate registered a net change of -2.96% (reflecting a weakening trend).
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
GEL to QAR 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 2.0581, compared to 2.0167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0414 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was May, with a trading range of 0.1634 QAR (High: 2.0514 / Low: 1.8880). On the other end, July was the most stable month, with a tight range of 0.0178 QAR (High: 1.9893 / Low: 1.9715).
Growth Streaks & Declines
TrendsBetween June and November, 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 0.0869 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 2.1278.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.1508 | 2.0832 | 2.1278 |
| February | 2.1324 | 2.0237 | 2.0989 |
| March | 2.1421 | 2.0839 | 2.1084 |
| April | 2.0976 | 2.0405 | 2.0692 |
| May | 2.0514 | 1.8880 | 1.9822 |
| June | 2.0270 | 1.9284 | 1.9623 |
| July | 1.9893 | 1.9715 | 1.9768 |
| August | 1.9928 | 1.9669 | 1.9777 |
| September | 2.0234 | 1.9637 | 1.9862 |
| October | 2.0514 | 1.9951 | 2.0283 |
| November | 2.0808 | 2.0449 | 2.0663 |
| December | 2.0734 | 2.0540 | 2.0649 |