2011 WST to GEL Historical Review

YEARLY HIGH

0.7745 GEL

YEARLY LOW

0.6819 GEL

YEARLY AVERAGE

0.7262 GEL

2011 WST to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the WST to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.7745. Conversely, the yearly low was recorded on November 28, dropping to 0.6819.

This high-to-low spread represents a total annual volatility of 0.0926 GEL. From a start-to-finish perspective, comparing the January average rate of 0.7638 to the December average rate of 0.6924, the exchange rate registered a net change of -9.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7745 was down 1.12% compared to the 2010 peak of 0.7833, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,872 GEL

2010 Average 3,567 GEL

Yearly Trough Low 3,410 GEL

Transaction Impact: A difference of 462.91 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7710

0.6853

JanuMarcMayJulySeptNove

WST 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 0.7341, compared to 0.7184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.7341

H2 Avg (Jul–Dec) 0.7184

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0504 GEL (High: 0.7480 / Low: 0.6976). On the other end, December was the most stable month, with a tight range of 0.0144 GEL (High: 0.7002 / Low: 0.6859).

September Spread (Volatile) ±0.0504

December Spread (Stable) ±0.0144

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 0.0250 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.7638) against the same month in 2010 (average: 0.6674), the exchange rate shifted by +0.0965 (+14.45%).

2011 Avg (January) 0.7638

2010 Avg (January) 0.6674

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7745	0.7505	0.7638
February	0.7728	0.7296	0.7527
March	0.7425	0.7131	0.7278
April	0.7316	0.6881	0.7131
May	0.7398	0.7123	0.7266
June	0.7359	0.7007	0.7203
July	0.7569	0.7213	0.7390
August	0.7663	0.7165	0.7360
September	0.7480	0.6976	0.7267
October	0.7361	0.6926	0.7106
November	0.7255	0.6819	0.7057
December	0.7002	0.6859	0.6924