2011 MOP to GEL Historical Review

YEARLY HIGH

0.2260 GEL

YEARLY LOW

0.2045 GEL

YEARLY AVERAGE

0.2103 GEL

2011 MOP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MOP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.2260. Conversely, the yearly low was recorded on August 4, dropping to 0.2045.

This high-to-low spread represents a total annual volatility of 0.0215 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2242 to the December average rate of 0.2072, the exchange rate registered a net change of -7.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2260 was down 5.94% compared to the 2010 peak of 0.2403, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,130 GEL

2010 Average 1,117 GEL

Yearly Trough Low 1,022 GEL

Transaction Impact: A difference of 107.60 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2261

0.2035

JanuMarcMayJulySeptNove

MOP 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 0.2137, compared to 0.2068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.2137

H2 Avg (Jul–Dec) 0.2068

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0082 GEL (High: 0.2129 / Low: 0.2047). On the other end, September was the most stable month, with a tight range of 0.0009 GEL (High: 0.2073 / Low: 0.2064).

April Spread (Volatile) ±0.0082

September Spread (Stable) ±0.0009

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 0.0079 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.2242) against the same month in 2010 (average: 0.2138), the exchange rate shifted by +0.0104 (+4.87%).

2011 Avg (January) 0.2242

2010 Avg (January) 0.2138

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2260	0.2213	0.2242
February	0.2249	0.2171	0.2213
March	0.2159	0.2117	0.2134
April	0.2129	0.2047	0.2078
May	0.2115	0.2049	0.2093
June	0.2079	0.2045	0.2063
July	0.2097	0.2052	0.2076
August	0.2071	0.2045	0.2054
September	0.2073	0.2064	0.2070
October	0.2080	0.2060	0.2068
November	0.2072	0.2060	0.2067
December	0.2100	0.2064	0.2072