2011 GEL to STD Historical Review

YEARLY HIGH

11366.9497 STD

YEARLY LOW

9885.2263 STD

YEARLY AVERAGE

10469.2284 STD

2011 GEL to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GEL to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 11366.9497. Conversely, the yearly low was recorded on February 2, dropping to 9885.2263.

This high-to-low spread represents a total annual volatility of 1481.7234 STD. From a start-to-finish perspective, comparing the January average rate of 10238.1059 to the December average rate of 11159.9277, the exchange rate registered a net change of 9.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 11366.9497 was up 2.15% compared to the 2010 peak of 11127.9084, 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 56,834,749 STD

2010 Average 51,138,970 STD

Yearly Trough Low 49,426,132 STD

Transaction Impact: A difference of 7,408,617.16 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

11260.6967

10051.4695

JanuMarcMayJulySeptNove

GEL to STD 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 10243.5326, compared to 10694.9243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 451.3916 points.

H1 Avg (Jan–Jun) 10243.5326

H2 Avg (Jul–Dec) 10694.9243

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 787.7005 STD (High: 10677.5805 / Low: 9889.8800). On the other end, March was the most stable month, with a tight range of 259.7885 STD (High: 10407.9096 / Low: 10148.1211).

January Spread (Volatile) ±787.7005

March Spread (Stable) ±259.7885

Growth Streaks & Declines

Trends

Between July and December, 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 January and February, when the average rate fell by 85.8675 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -85.8675

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 11159.9277) against the same month in 2010 (average: 10531.5750), the exchange rate shifted by +628.3528 (+5.97%).

2011 Avg (December) 11159.9277

2010 Avg (December) 10531.5750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10677.5805	9889.8800	10238.1059
February	10295.3703	9885.2263	10152.2385
March	10407.9096	10148.1211	10254.6785
April	10498.3851	10066.8037	10257.4933
May	10387.4764	10037.2818	10228.1956
June	10460.9548	10125.5173	10330.4839
July	10429.5022	10158.7583	10300.7617
August	10562.4096	10277.6311	10417.4748
September	10902.4717	10246.7187	10577.6069
October	11187.6178	10520.5126	10840.2256
November	11105.1817	10545.9516	10873.5488
December	11366.9497	10923.7741	11159.9277