2011 PGK to GEL Historical Review

YEARLY HIGH

0.7892 GEL

YEARLY LOW

0.6432 GEL

YEARLY AVERAGE

0.7194 GEL

2011 PGK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PGK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.7892. Conversely, the yearly low was recorded on April 11, dropping to 0.6432.

This high-to-low spread represents a total annual volatility of 0.1460 GEL. From a start-to-finish perspective, comparing the January average rate of 0.6864 to the December average rate of 0.7802, the exchange rate registered a net change of 13.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7892 was up 11.90% compared to the 2010 peak of 0.7053, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,946 GEL

2010 Average 3,317 GEL

Yearly Trough Low 3,216 GEL

Transaction Impact: A difference of 730.13 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7921

0.6494

JanuMarcMayJulySeptNove

PGK 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 0.6813, compared to 0.7575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0762 points.

H1 Avg (Jan–Jun) 0.6813

H2 Avg (Jul–Dec) 0.7575

Volatility Range Comparison

Volatility

The most volatile month in 2011 was June, with a trading range of 0.0519 GEL (High: 0.7354 / Low: 0.6834). On the other end, September was the most stable month, with a tight range of 0.0064 GEL (High: 0.7542 / Low: 0.7478).

June Spread (Volatile) ±0.0519

September Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0184 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0184

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.7802) against the same month in 2010 (average: 0.6815), the exchange rate shifted by +0.0987 (+14.48%).

2011 Avg (December) 0.7802

2010 Avg (December) 0.6815

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6921	0.6770	0.6864
February	0.6882	0.6732	0.6798
March	0.6706	0.6509	0.6614
April	0.6704	0.6432	0.6613
May	0.6966	0.6700	0.6915
June	0.7354	0.6834	0.7076
July	0.7424	0.7245	0.7325
August	0.7501	0.7244	0.7404
September	0.7542	0.7478	0.7513
October	0.7755	0.7514	0.7608
November	0.7849	0.7750	0.7799
December	0.7892	0.7769	0.7802