2011 HRK to GEL Historical Review

YEARLY HIGH

0.3385 GEL

YEARLY LOW

0.2864 GEL

YEARLY AVERAGE

0.3155 GEL

2011 HRK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HRK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.3385. Conversely, the yearly low was recorded on December 31, dropping to 0.2864.

This high-to-low spread represents a total annual volatility of 0.0521 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3245 to the December average rate of 0.2911, the exchange rate registered a net change of -10.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3385 was down 2.18% compared to the 2010 peak of 0.3460, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,693 GEL

2010 Average 1,626 GEL

Yearly Trough Low 1,432 GEL

Transaction Impact: A difference of 260.53 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3302

0.2876

JanuMarcMayJulySeptNove

HRK to GEL 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 0.3247, compared to 0.3064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0183 points.

H1 Avg (Jan–Jun) 0.3247

H2 Avg (Jul–Dec) 0.3064

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0241 GEL (High: 0.3346 / Low: 0.3106). On the other end, August was the most stable month, with a tight range of 0.0061 GEL (High: 0.3197 / Low: 0.3136).

January Spread (Volatile) ±0.0241

August Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0113 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.3247) against the same month in 2010 (average: 0.3188), the exchange rate shifted by +0.0060 (+1.87%).

2011 Avg (May) 0.3247

2010 Avg (May) 0.3188

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3346	0.3106	0.3245
February	0.3351	0.3222	0.3265
March	0.3283	0.3177	0.3242
April	0.3308	0.3195	0.3267
May	0.3385	0.3166	0.3247
June	0.3261	0.3144	0.3214
July	0.3264	0.3150	0.3203
August	0.3197	0.3136	0.3169
September	0.3163	0.2986	0.3056
October	0.3135	0.2938	0.3043
November	0.3057	0.2933	0.3000
December	0.2984	0.2864	0.2911