2011 NOK to GEL Historical Review

YEARLY HIGH

0.3162 GEL

YEARLY LOW

0.2768 GEL

YEARLY AVERAGE

0.3010 GEL

2011 NOK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.3162. Conversely, the yearly low was recorded on December 14, dropping to 0.2768.

This high-to-low spread represents a total annual volatility of 0.0395 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3068 to the December average rate of 0.2822, the exchange rate registered a net change of -8.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3162 was up 0.84% compared to the 2010 peak of 0.3136, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,581 GEL

2010 Average 1,480 GEL

Yearly Trough Low 1,384 GEL

Transaction Impact: A difference of 197.27 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3125

0.2794

JanuMarcMayJulySeptNove

NOK 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 0.3069, compared to 0.2951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 0.3069

H2 Avg (Jul–Dec) 0.2951

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0247 GEL (High: 0.3086 / Low: 0.2839). On the other end, August was the most stable month, with a tight range of 0.0084 GEL (High: 0.3078 / Low: 0.2994).

September Spread (Volatile) ±0.0247

August Spread (Stable) ±0.0084

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 August and September, when the average rate fell by 0.0067 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.3065) against the same month in 2010 (average: 0.2929), the exchange rate shifted by +0.0136 (+4.66%).

2011 Avg (May) 0.3065

2010 Avg (May) 0.2929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3141	0.2966	0.3068
February	0.3151	0.3024	0.3097
March	0.3108	0.3001	0.3060
April	0.3131	0.3028	0.3084
May	0.3162	0.2992	0.3065
June	0.3108	0.2958	0.3041
July	0.3107	0.2994	0.3059
August	0.3078	0.2994	0.3033
September	0.3086	0.2839	0.2966
October	0.3061	0.2818	0.2938
November	0.2962	0.2802	0.2886
December	0.2887	0.2768	0.2822