2010 MAD to GEL Historical Review

YEARLY HIGH

0.2253 GEL

YEARLY LOW

0.1985 GEL

YEARLY AVERAGE

0.2124 GEL

2010 MAD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MAD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 18, valuing the pair at 0.2253. Conversely, the yearly low was recorded on May 27, dropping to 0.1985.

This high-to-low spread represents a total annual volatility of 0.0267 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2162 to the December average rate of 0.2091, the exchange rate registered a net change of -3.29% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 1,126 GEL

Yearly Average 1,062 GEL

Yearly Trough Low 993 GEL

Transaction Impact: A difference of 133.61 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.2233

0.2045

JanuMarcMayJulySeptNove

MAD 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 0.2105, compared to 0.2144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.2105

H2 Avg (Jul–Dec) 0.2144

Volatility Range Comparison

Volatility

The most volatile month in 2010 was November, with a trading range of 0.0159 GEL (High: 0.2225 / Low: 0.2066). On the other end, April was the most stable month, with a tight range of 0.0033 GEL (High: 0.2119 / Low: 0.2087).

November Spread (Volatile) ±0.0159

April Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0072 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for October 2010 is 0.2218.

2010 Avg (October) 0.2218

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2189	0.2134	0.2162
February	0.2168	0.2069	0.2112
March	0.2122	0.2073	0.2091
April	0.2119	0.2087	0.2110
May	0.2144	0.1985	0.2094
June	0.2117	0.1989	0.2060
July	0.2160	0.2053	0.2121
August	0.2184	0.2099	0.2137
September	0.2200	0.2114	0.2150
October	0.2253	0.2184	0.2218
November	0.2225	0.2066	0.2145
December	0.2119	0.2065	0.2091