2010 GEL to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 GEL to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the GEL to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 4.5209. Conversely, the yearly low was recorded on December 31, dropping to 3.7397.
This high-to-low spread represents a total annual volatility of 0.7811 ZAR. From a start-to-finish perspective, comparing the January average rate of 4.3648 to the December average rate of 3.8686, the exchange rate registered a net change of -11.37% (reflecting a weakening trend).
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
GEL to ZAR 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 4.2566, compared to 3.9390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3176 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was May, with a trading range of 0.3726 ZAR (High: 4.3399 / Low: 3.9674). On the other end, September was the most stable month, with a tight range of 0.1287 ZAR (High: 3.9834 / Low: 3.8547).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2010. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1364 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for February 2010 is 4.4290.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.4426 | 4.2888 | 4.3648 |
| February | 4.5209 | 4.3102 | 4.4290 |
| March | 4.4306 | 4.1941 | 4.2926 |
| April | 4.2624 | 4.1125 | 4.1773 |
| May | 4.3399 | 3.9674 | 4.1529 |
| June | 4.2890 | 3.9650 | 4.1230 |
| July | 4.2007 | 3.9717 | 4.0952 |
| August | 4.0416 | 3.9109 | 3.9666 |
| September | 3.9834 | 3.8547 | 3.8901 |
| October | 3.9616 | 3.7682 | 3.8533 |
| November | 4.0635 | 3.8506 | 3.9601 |
| December | 3.9690 | 3.7397 | 3.8686 |