2011 ZAR to GEL Historical Review

YEARLY HIGH

0.2683 GEL

YEARLY LOW

0.1940 GEL

YEARLY AVERAGE

0.2337 GEL

2011 ZAR to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ZAR to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.2683. Conversely, the yearly low was recorded on November 26, dropping to 0.1940.

This high-to-low spread represents a total annual volatility of 0.0744 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2594 to the December average rate of 0.2029, the exchange rate registered a net change of -21.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2683 was up 0.35% compared to the 2010 peak of 0.2674, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 13,416 GEL

2010 Average 12,236 GEL

Yearly Trough Low 9,698 GEL

Transaction Impact: A difference of 3,718.83 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2650

0.1973

JanuMarcMayJulySeptNove

ZAR 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 0.2483, compared to 0.2191 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0292 points.

H1 Avg (Jan–Jun) 0.2483

H2 Avg (Jul–Dec) 0.2191

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0374 GEL (High: 0.2363 / Low: 0.1989). On the other end, June was the most stable month, with a tight range of 0.0077 GEL (High: 0.2476 / Low: 0.2399).

September Spread (Volatile) ±0.0374

June Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0129 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.2594) against the same month in 2010 (average: 0.2291), the exchange rate shifted by +0.0302 (+13.20%).

2011 Avg (January) 0.2594

2010 Avg (January) 0.2291

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2683	0.2518	0.2594
February	0.2517	0.2427	0.2470
March	0.2514	0.2411	0.2475
April	0.2537	0.2405	0.2476
May	0.2522	0.2385	0.2445
June	0.2476	0.2399	0.2436
July	0.2500	0.2387	0.2456
August	0.2467	0.2277	0.2327
September	0.2363	0.1989	0.2208
October	0.2148	0.2011	0.2087
November	0.2111	0.1940	0.2035
December	0.2069	0.1973	0.2029