YEARLY HIGH
2.1508 QAR
YEARLY LOW
1.8880 QAR
YEARLY AVERAGE
2.0374 QAR

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).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 10,754 QAR
Yearly Average 10,187 QAR
Yearly Trough Low 9,440 QAR
Transaction Impact: A difference of 1,313.77 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

2.1443
1.9457
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2.0581
H2 Avg (Jul–Dec) 2.0167

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±0.1634
July Spread (Stable) ±0.0178

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0869

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 2.1278.

2010 Avg (January) 2.1278
Baseline Avg N/A

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