2011 MVR to GEL Historical Review

YEARLY HIGH

0.1414 GEL

YEARLY LOW

0.1167 GEL

YEARLY AVERAGE

0.1242 GEL

2011 MVR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MVR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.1414. Conversely, the yearly low was recorded on July 26, dropping to 0.1167.

This high-to-low spread represents a total annual volatility of 0.0247 GEL. From a start-to-finish perspective, comparing the January average rate of 0.1403 to the December average rate of 0.1179, the exchange rate registered a net change of -16.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1414 was down 6.10% compared to the 2010 peak of 0.1506, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 707 GEL

2010 Average 699 GEL

Yearly Trough Low 584 GEL

Transaction Impact: A difference of 123.47 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1427

0.1148

JanuMarcMayJulySeptNove

MVR 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 0.1306, compared to 0.1177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.1306

H2 Avg (Jul–Dec) 0.1177

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0139 GEL (High: 0.1322 / Low: 0.1183). On the other end, September was the most stable month, with a tight range of 0.0008 GEL (High: 0.1183 / Low: 0.1175).

May Spread (Volatile) ±0.0139

September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0069 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.1403) against the same month in 2010 (average: 0.1337), the exchange rate shifted by +0.0067 (+4.99%).

2011 Avg (January) 0.1403

2010 Avg (January) 0.1337

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1414	0.1384	0.1403
February	0.1408	0.1360	0.1386
March	0.1352	0.1326	0.1337
April	0.1333	0.1280	0.1300
May	0.1322	0.1183	0.1231
June	0.1185	0.1168	0.1177
July	0.1196	0.1167	0.1183
August	0.1182	0.1168	0.1172
September	0.1183	0.1175	0.1179
October	0.1182	0.1171	0.1176
November	0.1187	0.1173	0.1177
December	0.1192	0.1174	0.1179