2011 GEL to USD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GEL to USD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GEL to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.6104. Conversely, the yearly low was recorded on January 17, dropping to 0.5524.
This high-to-low spread represents a total annual volatility of 0.0580 USD. From a start-to-finish perspective, comparing the January average rate of 0.5567 to the December average rate of 0.6024, the exchange rate registered a net change of 8.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 0.6104 was up 3.30% compared to the 2010 peak of 0.5909, 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 USD 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 0.5845, compared to 0.6028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0183 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was April, with a trading range of 0.0243 USD (High: 0.6104 / Low: 0.5861). On the other end, November was the most stable month, with a tight range of 0.0028 USD (High: 0.6046 / Low: 0.6018).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 0.0044 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2011: 0.6009) against the same month in 2010 (average: 0.5685), the exchange rate shifted by +0.0325 (+5.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.5643 | 0.5524 | 0.5567 |
| February | 0.5745 | 0.5548 | 0.5637 |
| March | 0.5891 | 0.5778 | 0.5844 |
| April | 0.6104 | 0.5861 | 0.6009 |
| May | 0.6098 | 0.5907 | 0.5966 |
| June | 0.6094 | 0.6002 | 0.6044 |
| July | 0.6075 | 0.5943 | 0.6004 |
| August | 0.6083 | 0.6006 | 0.6062 |
| September | 0.6040 | 0.6006 | 0.6017 |
| October | 0.6049 | 0.5990 | 0.6027 |
| November | 0.6046 | 0.6018 | 0.6032 |
| December | 0.6047 | 0.5947 | 0.6024 |