2011 NAD to GEL Historical Review

YEARLY HIGH

0.2682 GEL

YEARLY LOW

0.1947 GEL

YEARLY AVERAGE

0.2337 GEL

2011 NAD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NAD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.2682. Conversely, the yearly low was recorded on November 23, dropping to 0.1947.

This high-to-low spread represents a total annual volatility of 0.0736 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2594 to the December average rate of 0.2028, the exchange rate registered a net change of -21.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2682 was up 0.25% compared to the 2010 peak of 0.2676, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,341 GEL

2010 Average 1,224 GEL

Yearly Trough Low 973 GEL

Transaction Impact: A difference of 367.85 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2650

0.1972

JanuMarcMayJulySeptNove

NAD 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 0.2481, compared to 0.2193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0288 points.

H1 Avg (Jan–Jun) 0.2481

H2 Avg (Jul–Dec) 0.2193

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0294 GEL (High: 0.2364 / Low: 0.2070). On the other end, June was the most stable month, with a tight range of 0.0073 GEL (High: 0.2473 / Low: 0.2400).

September Spread (Volatile) ±0.0294

June Spread (Stable) ±0.0073

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 0.0151 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.2594) against the same month in 2010 (average: 0.2296), the exchange rate shifted by +0.0298 (+12.98%).

2011 Avg (January) 0.2594

2010 Avg (January) 0.2296

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2682	0.2519	0.2594
February	0.2522	0.2424	0.2467
March	0.2509	0.2414	0.2474
April	0.2533	0.2405	0.2472
May	0.2527	0.2382	0.2442
June	0.2473	0.2400	0.2436
July	0.2495	0.2389	0.2455
August	0.2460	0.2265	0.2329
September	0.2364	0.2070	0.2232
October	0.2122	0.2037	0.2081
November	0.2097	0.1947	0.2033
December	0.2068	0.1971	0.2028