2011 GEL to SDG Historical Review

YEARLY HIGH

1.6572 SDG

YEARLY LOW

1.3813 SDG

YEARLY AVERAGE

1.5821 SDG

2011 GEL to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 1.6572. Conversely, the yearly low was recorded on January 17, dropping to 1.3813.

This high-to-low spread represents a total annual volatility of 0.2759 SDG. From a start-to-finish perspective, comparing the January average rate of 1.3927 to the December average rate of 1.6117, the exchange rate registered a net change of 15.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.6572 was up 16.45% compared to the 2010 peak of 1.4231, 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 8,286 SDG

2010 Average 6,469 SDG

Yearly Trough Low 6,907 SDG

Transaction Impact: A difference of 1,379.38 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.6447

1.3698

JanuMarcMayJulySeptNove

GEL to SDG 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 1.5522, compared to 1.6119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0597 points.

H1 Avg (Jan–Jun) 1.5522

H2 Avg (Jul–Dec) 1.6119

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.1505 SDG (High: 1.5468 / Low: 1.3964). On the other end, November was the most stable month, with a tight range of 0.0086 SDG (High: 1.6172 / Low: 1.6086).

February Spread (Volatile) ±0.1505

November Spread (Stable) ±0.0086

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 April and May, when the average rate fell by 0.0262 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.6218) against the same month in 2010 (average: 1.2657), the exchange rate shifted by +0.3561 (+28.13%).

2011 Avg (April) 1.6218

2010 Avg (April) 1.2657

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4109	1.3813	1.3927
February	1.5468	1.3964	1.4659
March	1.6481	1.5602	1.6212
April	1.6572	1.5955	1.6218
May	1.6321	1.5808	1.5956
June	1.6273	1.6063	1.6160
July	1.6252	1.5870	1.6056
August	1.6284	1.6080	1.6209
September	1.6164	1.6039	1.6085
October	1.6192	1.6000	1.6115
November	1.6172	1.6086	1.6133
December	1.6186	1.5899	1.6117