2011 VUV to GEL Historical Review

YEARLY HIGH

0.0196 GEL

YEARLY LOW

0.0176 GEL

YEARLY AVERAGE

0.0185 GEL

2011 VUV to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VUV to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 0.0196. Conversely, the yearly low was recorded on December 18, dropping to 0.0176.

This high-to-low spread represents a total annual volatility of 0.0020 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0192 to the December average rate of 0.0179, the exchange rate registered a net change of -6.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0196 was up 0.20% compared to the 2010 peak of 0.0195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98 GEL

2010 Average 92 GEL

Yearly Trough Low 88 GEL

Transaction Impact: A difference of 10.06 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0193

0.0178

JanuMarcMayJulySeptNove

VUV 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 0.0187, compared to 0.0183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0187

H2 Avg (Jul–Dec) 0.0183

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0010 GEL (High: 0.0190 / Low: 0.0180). On the other end, June was the most stable month, with a tight range of 0.0005 GEL (High: 0.0189 / Low: 0.0184).

August Spread (Volatile) ±0.0010

June Spread (Stable) ±0.0005

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 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0192) against the same month in 2010 (average: 0.0178), the exchange rate shifted by +0.0014 (+7.69%).

2011 Avg (January) 0.0192

2010 Avg (January) 0.0178

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0196	0.0187	0.0192
February	0.0195	0.0186	0.0190
March	0.0188	0.0180	0.0183
April	0.0185	0.0179	0.0182
May	0.0192	0.0183	0.0188
June	0.0189	0.0184	0.0187
July	0.0192	0.0186	0.0189
August	0.0190	0.0180	0.0185
September	0.0189	0.0180	0.0185
October	0.0184	0.0176	0.0181
November	0.0185	0.0176	0.0181
December	0.0183	0.0176	0.0179