YEARLY HIGH
0.9036 TRY
YEARLY LOW
0.7781 TRY
YEARLY AVERAGE
0.8437 TRY

2010 GEL to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the GEL to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 0.9036. Conversely, the yearly low was recorded on October 18, dropping to 0.7781.

This high-to-low spread represents a total annual volatility of 0.1255 TRY. From a start-to-finish perspective, comparing the January average rate of 0.8633 to the December average rate of 0.8643, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 4,518 TRY
Yearly Average 4,218 TRY
Yearly Trough Low 3,891 TRY
Transaction Impact: A difference of 627.53 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.8985
0.7847
JanuMarcMayJulySeptNove

GEL to TRY 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 0.8620, compared to 0.8253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0367 points.

H1 Avg (Jan–Jun) 0.8620
H2 Avg (Jul–Dec) 0.8253

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0762 TRY (High: 0.8858 / Low: 0.8096). On the other end, September was the most stable month, with a tight range of 0.0231 TRY (High: 0.8266 / Low: 0.8034).

May Spread (Volatile) ±0.0762
September Spread (Stable) ±0.0231

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0402 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0402

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for March 2010 is 0.8890.

2010 Avg (March) 0.8890
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8878 0.8504 0.8633
February 0.8907 0.8561 0.8766
March 0.9036 0.8707 0.8890
April 0.8667 0.8319 0.8488
May 0.8858 0.8096 0.8431
June 0.8829 0.8231 0.8510
July 0.8594 0.8198 0.8367
August 0.8340 0.8106 0.8212
September 0.8266 0.8034 0.8159
October 0.8079 0.7781 0.7942
November 0.8549 0.7898 0.8197
December 0.8857 0.8380 0.8643