2011 MMK to GEL Historical Review

YEARLY HIGH

0.2781 GEL

YEARLY LOW

0.2517 GEL

YEARLY AVERAGE

0.2598 GEL

2011 MMK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MMK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.2781. Conversely, the yearly low was recorded on April 28, dropping to 0.2517.

This high-to-low spread represents a total annual volatility of 0.0264 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2759 to the December average rate of 0.2563, the exchange rate registered a net change of -7.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2781 was down 6.10% compared to the 2010 peak of 0.2962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,391 GEL

2010 Average 1,374 GEL

Yearly Trough Low 1,258 GEL

Transaction Impact: A difference of 132.15 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2781

0.2520

JanuMarcMayJulySeptNove

MMK 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 0.2631, compared to 0.2565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.2631

H2 Avg (Jul–Dec) 0.2565

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0104 GEL (High: 0.2621 / Low: 0.2517). On the other end, June was the most stable month, with a tight range of 0.0039 GEL (High: 0.2559 / Low: 0.2521).

April Spread (Volatile) ±0.0104

June Spread (Stable) ±0.0039

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 0.0097 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.2759) against the same month in 2010 (average: 0.2628), the exchange rate shifted by +0.0131 (+5.00%).

2011 Avg (January) 0.2759

2010 Avg (January) 0.2628

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2781	0.2722	0.2759
February	0.2769	0.2674	0.2725
March	0.2658	0.2608	0.2628
April	0.2621	0.2517	0.2557
May	0.2600	0.2519	0.2575
June	0.2559	0.2521	0.2542
July	0.2588	0.2539	0.2567
August	0.2581	0.2525	0.2552
September	0.2597	0.2544	0.2578
October	0.2604	0.2540	0.2567
November	0.2591	0.2543	0.2565
December	0.2598	0.2543	0.2563