2011 MRO to GEL Historical Review

YEARLY HIGH

0.0066 GEL

YEARLY LOW

0.0057 GEL

YEARLY AVERAGE

0.0060 GEL

2011 MRO to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MRO to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0066. Conversely, the yearly low was recorded on October 24, dropping to 0.0057.

This high-to-low spread represents a total annual volatility of 0.0009 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0058, the exchange rate registered a net change of -9.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0066 was down 7.23% compared to the 2010 peak of 0.0071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33 GEL

2010 Average 33 GEL

Yearly Trough Low 28 GEL

Transaction Impact: A difference of 4.35 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0065

0.0057

JanuMarcMayJulySeptNove

MRO 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 0.0062, compared to 0.0059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0062

H2 Avg (Jul–Dec) 0.0059

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 0.0005 GEL (High: 0.0066 / Low: 0.0060). On the other end, September was the most stable month, with a tight range of 0.0001 GEL (High: 0.0060 / Low: 0.0059).

February Spread (Volatile) ±0.0005

September Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 0.0063) against the same month in 2010 (average: 0.0067), the exchange rate shifted by -0.0004 (-5.87%).

2011 Avg (February) 0.0063

2010 Avg (February) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0066	0.0063	0.0064
February	0.0066	0.0060	0.0063
March	0.0062	0.0060	0.0061
April	0.0061	0.0058	0.0061
May	0.0063	0.0060	0.0062
June	0.0061	0.0060	0.0061
July	0.0061	0.0059	0.0060
August	0.0061	0.0059	0.0059
September	0.0060	0.0059	0.0059
October	0.0059	0.0057	0.0058
November	0.0059	0.0058	0.0058
December	0.0058	0.0057	0.0058