2011 GEL to SAR Historical Review

YEARLY HIGH

2.2886 SAR

YEARLY LOW

2.0714 SAR

YEARLY AVERAGE

2.2262 SAR

2011 GEL to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 2.2886. Conversely, the yearly low was recorded on January 17, dropping to 2.0714.

This high-to-low spread represents a total annual volatility of 0.2172 SAR. From a start-to-finish perspective, comparing the January average rate of 2.0878 to the December average rate of 2.2593, the exchange rate registered a net change of 8.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.2886 was up 3.28% compared to the 2010 peak of 2.2160, 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 11,443 SAR

2010 Average 10,493 SAR

Yearly Trough Low 10,357 SAR

Transaction Impact: A difference of 1,085.88 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.2919

2.0692

JanuMarcMayJulySeptNove

GEL to SAR 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 2.1918, compared to 2.2606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0688 points.

H1 Avg (Jan–Jun) 2.1918

H2 Avg (Jul–Dec) 2.2606

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0907 SAR (High: 2.2886 / Low: 2.1979). On the other end, September was the most stable month, with a tight range of 0.0125 SAR (High: 2.2651 / Low: 2.2525).

April Spread (Volatile) ±0.0907

September Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0166 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 2.2535) against the same month in 2010 (average: 2.1318), the exchange rate shifted by +0.1218 (+5.71%).

2011 Avg (April) 2.2535

2010 Avg (April) 2.1318

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1159	2.0714	2.0878
February	2.1545	2.0804	2.1138
March	2.2090	2.1670	2.1917
April	2.2886	2.1979	2.2535
May	2.2867	2.2153	2.2373
June	2.2854	2.2509	2.2664
July	2.2782	2.2288	2.2518
August	2.2834	2.2523	2.2733
September	2.2651	2.2525	2.2567
October	2.2686	2.2464	2.2603
November	2.2693	2.2548	2.2621
December	2.2680	2.2301	2.2593