2011 MGA to GEL Historical Review

YEARLY HIGH

0.0009 GEL

YEARLY LOW

0.0007 GEL

YEARLY AVERAGE

0.0008 GEL

2011 MGA to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MGA to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 8, valuing the pair at 0.0009. Conversely, the yearly low was recorded on December 31, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0001 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0009 to the December average rate of 0.0008, the exchange rate registered a net change of -9.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0009 was down 4.28% compared to the 2010 peak of 0.0009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4 GEL

2010 Average 4 GEL

Yearly Trough Low 4 GEL

Transaction Impact: A difference of 0.70 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0009

0.0008

JanuMarcMayJulySeptNove

MGA 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 0.0009, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0009

H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0001 GEL (High: 0.0009 / Low: 0.0008). On the other end, November was the most stable month, with a tight range of 0.0000 GEL (High: 0.0008 / Low: 0.0008).

January Spread (Volatile) ±0.0001

November Spread (Stable) ±0.0000

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 September and October, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 0.0009) against the same month in 2010 (average: 0.0008), the exchange rate shifted by +0.0001 (+8.93%).

2011 Avg (February) 0.0009

2010 Avg (February) 0.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0009	0.0008	0.0009
February	0.0009	0.0009	0.0009
March	0.0009	0.0008	0.0009
April	0.0009	0.0008	0.0008
May	0.0009	0.0008	0.0009
June	0.0009	0.0008	0.0009
July	0.0009	0.0008	0.0009
August	0.0008	0.0008	0.0008
September	0.0009	0.0008	0.0008
October	0.0008	0.0008	0.0008
November	0.0008	0.0008	0.0008
December	0.0008	0.0007	0.0008