2011 PEN to GEL Historical Review

YEARLY HIGH

0.6525 GEL

YEARLY LOW

0.5790 GEL

YEARLY AVERAGE

0.6120 GEL

2011 PEN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PEN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.6525. Conversely, the yearly low was recorded on April 28, dropping to 0.5790.

This high-to-low spread represents a total annual volatility of 0.0735 GEL. From a start-to-finish perspective, comparing the January average rate of 0.6442 to the December average rate of 0.6154, the exchange rate registered a net change of -4.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6525 was up 1.68% compared to the 2010 peak of 0.6417, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,262 GEL

2010 Average 2,976 GEL

Yearly Trough Low 2,895 GEL

Transaction Impact: A difference of 367.35 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6495

0.5858

JanuMarcMayJulySeptNove

PEN 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 0.6155, compared to 0.6084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.6155

H2 Avg (Jul–Dec) 0.6084

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0318 GEL (High: 0.6111 / Low: 0.5792). On the other end, November was the most stable month, with a tight range of 0.0032 GEL (High: 0.6137 / Low: 0.6105).

May Spread (Volatile) ±0.0318

November Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0248 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.6442) against the same month in 2010 (average: 0.5694), the exchange rate shifted by +0.0748 (+13.13%).

2011 Avg (January) 0.6442

2010 Avg (January) 0.5694

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6525	0.6316	0.6442
February	0.6514	0.6264	0.6399
March	0.6236	0.6066	0.6159
April	0.6079	0.5790	0.5911
May	0.6111	0.5792	0.6034
June	0.6049	0.5934	0.5987
July	0.6138	0.6012	0.6075
August	0.6069	0.5986	0.6022
September	0.6108	0.5994	0.6059
October	0.6128	0.5994	0.6070
November	0.6137	0.6105	0.6126
December	0.6233	0.6127	0.6154