2011 GEL to SBD Historical Review

YEARLY HIGH

4.6990 SBD

YEARLY LOW

4.2404 SBD

YEARLY AVERAGE

4.5174 SBD

2011 GEL to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 4.6990. Conversely, the yearly low was recorded on January 30, dropping to 4.2404.

This high-to-low spread represents a total annual volatility of 0.4586 SBD. From a start-to-finish perspective, comparing the January average rate of 4.3436 to the December average rate of 4.5991, the exchange rate registered a net change of 5.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 4.6990 was down 0.42% compared to the 2010 peak of 4.7188, 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 23,495 SBD

2010 Average 21,873 SBD

Yearly Trough Low 21,202 SBD

Transaction Impact: A difference of 2,293.01 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

4.6762

4.3133

JanuMarcMayJulySeptNove

GEL to SBD 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 4.4867, compared to 4.5481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0615 points.

H1 Avg (Jan–Jun) 4.4867

H2 Avg (Jul–Dec) 4.5481

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.2572 SBD (High: 4.4976 / Low: 4.2404). On the other end, August was the most stable month, with a tight range of 0.0644 SBD (High: 4.5338 / Low: 4.4694).

January Spread (Volatile) ±0.2572

August Spread (Stable) ±0.0644

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 June and July, when the average rate fell by 0.1160 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 4.6460) against the same month in 2010 (average: 4.2093), the exchange rate shifted by +0.4367 (+10.38%).

2011 Avg (October) 4.6460

2010 Avg (October) 4.2093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.4976	4.2404	4.3436
February	4.4195	4.2895	4.3669
March	4.5236	4.4427	4.4701
April	4.6672	4.5206	4.5937
May	4.6573	4.4991	4.5908
June	4.6246	4.4831	4.5549
July	4.5075	4.3762	4.4389
August	4.5338	4.4694	4.4932
September	4.6241	4.4765	4.5533
October	4.6990	4.5666	4.6460
November	4.6306	4.5017	4.5583
December	4.6438	4.5304	4.5991