2010 GEL to VEF Historical Review

YEARLY HIGH

2.5671 VEF

YEARLY LOW

1.2625 VEF

YEARLY AVERAGE

2.3709 VEF

2010 GEL to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the GEL to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 2.5671. Conversely, the yearly low was recorded on January 5, dropping to 1.2625.

This high-to-low spread represents a total annual volatility of 1.3046 VEF. From a start-to-finish perspective, comparing the January average rate of 2.1048 to the December average rate of 2.4373, the exchange rate registered a net change of 15.79% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 12,836 VEF

Yearly Average 11,854 VEF

Yearly Trough Low 6,312 VEF

Transaction Impact: A difference of 6,523.16 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

2.5268

2.0665

JanuMarcMayJulySeptNove

GEL to VEF 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 2.3614, compared to 2.3804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0190 points.

H1 Avg (Jan–Jun) 2.3614

H2 Avg (Jul–Dec) 2.3804

Volatility Range Comparison

Volatility

The most volatile month in 2010 was January, with a trading range of 1.3046 VEF (High: 2.5671 / Low: 1.2625). On the other end, July was the most stable month, with a tight range of 0.0224 VEF (High: 2.3485 / Low: 2.3261).

January Spread (Volatile) ±1.3046

July Spread (Stable) ±0.0224

Growth Streaks & Declines

Trends

Between June and November, 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 0.1024 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1024

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 2.1048.

2010 Avg (January) 2.1048

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5671	1.2625	2.1048
February	2.5190	2.3877	2.4774
March	2.5304	2.4587	2.4884
April	2.4749	2.4075	2.4421
May	2.4233	2.2276	2.3398
June	2.3915	2.2752	2.3160
July	2.3485	2.3261	2.3334
August	2.3541	2.3207	2.3343
September	2.3873	2.3169	2.3443
October	2.4233	2.3540	2.3941
November	2.4550	2.4126	2.4390
December	2.4484	2.4237	2.4373