2011 GEL to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 GEL to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the GEL to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 305.2678. Conversely, the yearly low was recorded on May 5, dropping to 262.3682.
This high-to-low spread represents a total annual volatility of 42.8996 XOF. From a start-to-finish perspective, comparing the January average rate of 273.5269 to the December average rate of 299.9797, the exchange rate registered a net change of 9.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 305.2678 was up 1.44% compared to the 2010 peak of 300.9303, 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 XOF 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 273.4706, compared to 286.4847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.0141 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was January, with a trading range of 20.7044 XOF (High: 285.0131 / Low: 264.3087). On the other end, August was the most stable month, with a tight range of 6.3725 XOF (High: 280.9350 / Low: 274.5625).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.2703 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 299.9797) against the same month in 2010 (average: 281.9394), the exchange rate shifted by +18.0402 (+6.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 285.0131 | 264.3087 | 273.5269 |
| February | 275.0148 | 263.5913 | 271.2566 |
| March | 279.3349 | 271.0209 | 274.3817 |
| April | 279.9552 | 269.7137 | 273.5475 |
| May | 277.5875 | 262.3682 | 272.5834 |
| June | 280.4547 | 270.7353 | 275.5278 |
| July | 279.3292 | 271.7440 | 275.5810 |
| August | 280.9350 | 274.5625 | 277.5719 |
| September | 291.1238 | 275.9168 | 285.2674 |
| October | 295.7131 | 281.8060 | 288.4517 |
| November | 298.4655 | 286.8771 | 292.0567 |
| December | 305.2678 | 293.4164 | 299.9797 |