2011 LRD to GEL Historical Review

YEARLY HIGH

0.0259 GEL

YEARLY LOW

0.0226 GEL

YEARLY AVERAGE

0.0234 GEL

2011 LRD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LRD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0259. Conversely, the yearly low was recorded on May 1, dropping to 0.0226.

This high-to-low spread represents a total annual volatility of 0.0032 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0251 to the December average rate of 0.0230, the exchange rate registered a net change of -8.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0259 was down 6.01% compared to the 2010 peak of 0.0275, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 129 GEL

2010 Average 126 GEL

Yearly Trough Low 113 GEL

Transaction Impact: A difference of 16.21 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0253

0.0226

JanuMarcMayJulySeptNove

LRD 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 0.0238, compared to 0.0230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0238

H2 Avg (Jul–Dec) 0.0230

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0012 GEL (High: 0.0259 / Low: 0.0246). On the other end, August was the most stable month, with a tight range of 0.0004 GEL (High: 0.0230 / Low: 0.0227).

January Spread (Volatile) ±0.0012

August Spread (Stable) ±0.0004

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 February and March, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0251) against the same month in 2010 (average: 0.0243), the exchange rate shifted by +0.0007 (+3.05%).

2011 Avg (January) 0.0251

2010 Avg (January) 0.0243

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0259	0.0246	0.0251
February	0.0249	0.0240	0.0245
March	0.0239	0.0235	0.0237
April	0.0238	0.0226	0.0232
May	0.0235	0.0226	0.0233
June	0.0233	0.0227	0.0229
July	0.0232	0.0226	0.0230
August	0.0230	0.0227	0.0228
September	0.0233	0.0228	0.0231
October	0.0232	0.0228	0.0230
November	0.0234	0.0229	0.0232
December	0.0234	0.0227	0.0230