2011 GEL to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GEL to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GEL to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 31.5629. Conversely, the yearly low was recorded on January 30, dropping to 25.7115.
This high-to-low spread represents a total annual volatility of 5.8515 SYP. From a start-to-finish perspective, comparing the January average rate of 26.0418 to the December average rate of 31.0959, the exchange rate registered a net change of 19.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 31.5629 was up 17.27% compared to the 2010 peak of 26.9140, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
GEL to SYP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 27.5350, compared to 29.5390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0041 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was November, with a trading range of 1.4492 SYP (High: 31.3487 / Low: 29.8995). On the other end, August was the most stable month, with a tight range of 0.3668 SYP (High: 28.8942 / Low: 28.5275).
Growth Streaks & Declines
TrendsBetween 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 April and May, when the average rate fell by 0.2233 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 31.0959) against the same month in 2010 (average: 26.5184), the exchange rate shifted by +4.5775 (+17.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.4498 | 25.7115 | 26.0418 |
| February | 26.7731 | 25.8207 | 26.3507 |
| March | 27.8290 | 26.9049 | 27.3042 |
| April | 28.9646 | 27.7898 | 28.5321 |
| May | 28.9646 | 28.0446 | 28.3088 |
| June | 28.9171 | 28.4873 | 28.6722 |
| July | 28.8557 | 28.1603 | 28.4897 |
| August | 28.8942 | 28.5275 | 28.7606 |
| September | 29.5201 | 28.4422 | 28.9706 |
| October | 30.0491 | 29.4206 | 29.8028 |
| November | 31.3487 | 29.8995 | 30.1147 |
| December | 31.5629 | 30.1395 | 31.0959 |