2011 VEF to GEL Historical Review

YEARLY HIGH

0.4213 GEL

YEARLY LOW

0.3814 GEL

YEARLY AVERAGE

0.3924 GEL

2011 VEF to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.4213. Conversely, the yearly low was recorded on May 1, dropping to 0.3814.

This high-to-low spread represents a total annual volatility of 0.0399 GEL. From a start-to-finish perspective, comparing the January average rate of 0.4181 to the December average rate of 0.3865, the exchange rate registered a net change of -7.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4213 was down 46.81% compared to the 2010 peak of 0.7921, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,106 GEL

2010 Average 2,135 GEL

Yearly Trough Low 1,907 GEL

Transaction Impact: A difference of 199.59 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4215

0.3806

JanuMarcMayJulySeptNove

VEF 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 0.3987, compared to 0.3862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.3987

H2 Avg (Jul–Dec) 0.3862

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0159 GEL (High: 0.3973 / Low: 0.3814). On the other end, November was the most stable month, with a tight range of 0.0023 GEL (High: 0.3869 / Low: 0.3847).

April Spread (Volatile) ±0.0159

November Spread (Stable) ±0.0023

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 February and March, when the average rate fell by 0.0147 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.4181) against the same month in 2010 (average: 0.5253), the exchange rate shifted by -0.1072 (-20.41%).

2011 Avg (January) 0.4181

2010 Avg (January) 0.5253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4213	0.4121	0.4181
February	0.4197	0.4053	0.4130
March	0.4030	0.3953	0.3983
April	0.3973	0.3814	0.3874
May	0.3942	0.3814	0.3901
June	0.3879	0.3821	0.3852
July	0.3918	0.3833	0.3877
August	0.3877	0.3823	0.3840
September	0.3877	0.3850	0.3868
October	0.3887	0.3845	0.3862
November	0.3869	0.3847	0.3859
December	0.3917	0.3851	0.3865