2011 RSD to GEL Historical Review

YEARLY HIGH

0.0255 GEL

YEARLY LOW

0.0204 GEL

YEARLY AVERAGE

0.0231 GEL

2011 RSD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RSD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0255. Conversely, the yearly low was recorded on December 31, dropping to 0.0204.

This high-to-low spread represents a total annual volatility of 0.0050 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0229 to the December average rate of 0.0212, the exchange rate registered a net change of -7.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0255 was down 0.23% compared to the 2010 peak of 0.0255, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 127 GEL

2010 Average 115 GEL

Yearly Trough Low 102 GEL

Transaction Impact: A difference of 25.21 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0249

0.0209

JanuMarcMayJulySeptNove

RSD 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 0.0237, compared to 0.0225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0237

H2 Avg (Jul–Dec) 0.0225

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0022 GEL (High: 0.0239 / Low: 0.0217). On the other end, March was the most stable month, with a tight range of 0.0007 GEL (High: 0.0235 / Low: 0.0229).

January Spread (Volatile) ±0.0022

March Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between March and May, 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 October and November, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.0246) against the same month in 2010 (average: 0.0234), the exchange rate shifted by +0.0012 (+5.13%).

2011 Avg (May) 0.0246

2010 Avg (May) 0.0234

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0239	0.0217	0.0229
February	0.0240	0.0232	0.0235
March	0.0235	0.0229	0.0232
April	0.0245	0.0231	0.0238
May	0.0255	0.0239	0.0246
June	0.0249	0.0230	0.0239
July	0.0241	0.0226	0.0234
August	0.0236	0.0229	0.0232
September	0.0237	0.0219	0.0227
October	0.0235	0.0217	0.0227
November	0.0227	0.0213	0.0220
December	0.0217	0.0204	0.0212