2010 TOP to GEL Historical Review

YEARLY HIGH

0.9822 GEL

YEARLY LOW

0.8758 GEL

YEARLY AVERAGE

0.9283 GEL

2010 TOP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the TOP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 0.9822. Conversely, the yearly low was recorded on February 16, dropping to 0.8758.

This high-to-low spread represents a total annual volatility of 0.1064 GEL. From a start-to-finish perspective, comparing the January average rate of 0.8999 to the December average rate of 0.9413, the exchange rate registered a net change of 4.61% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 4,911 GEL

Yearly Average 4,642 GEL

Yearly Trough Low 4,379 GEL

Transaction Impact: A difference of 532.18 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

0.9549

0.8935

JanuMarcMayJulySeptNove

TOP 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 0.9126, compared to 0.9440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0314 points.

H1 Avg (Jan–Jun) 0.9126

H2 Avg (Jul–Dec) 0.9440

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0808 GEL (High: 0.9784 / Low: 0.8976). On the other end, September was the most stable month, with a tight range of 0.0179 GEL (High: 0.9550 / Low: 0.9371).

May Spread (Volatile) ±0.0808

September Spread (Stable) ±0.0179

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0074 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 0.9399.

2010 Avg (June) 0.9399

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9207	0.8774	0.8999
February	0.9275	0.8758	0.8986
March	0.9272	0.8851	0.8989
April	0.9214	0.8982	0.9132
May	0.9784	0.8976	0.9253
June	0.9822	0.9042	0.9399
July	0.9523	0.9325	0.9421
August	0.9786	0.9333	0.9498
September	0.9550	0.9371	0.9425
October	0.9602	0.9292	0.9436
November	0.9584	0.9141	0.9447
December	0.9615	0.9299	0.9413