2021 AFN to GEL Historical Review

YEARLY HIGH

0.0446 GEL

YEARLY LOW

0.0262 GEL

YEARLY AVERAGE

0.0390 GEL

2021 AFN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0446. Conversely, the yearly low was recorded on December 15, dropping to 0.0262.

This high-to-low spread represents a total annual volatility of 0.0184 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0427 to the December average rate of 0.0305, the exchange rate registered a net change of -28.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0446 was down 0.84% compared to the 2020 peak of 0.0450, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 223 GEL

2020 Average 203 GEL

Yearly Trough Low 131 GEL

Transaction Impact: A difference of 91.86 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0456

0.0291

JanuMarcMayJulySeptNove

AFN 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 0.0427, compared to 0.0352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.0427

H2 Avg (Jul–Dec) 0.0352

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0063 GEL (High: 0.0326 / Low: 0.0262). On the other end, February was the most stable month, with a tight range of 0.0006 GEL (High: 0.0431 / Low: 0.0424).

December Spread (Volatile) ±0.0063

February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0034 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0442) against the same month in 2020 (average: 0.0418), the exchange rate shifted by +0.0024 (+5.78%).

2021 Avg (April) 0.0442

2020 Avg (April) 0.0418

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0429	0.0422	0.0427
February	0.0431	0.0424	0.0429
March	0.0441	0.0426	0.0431
April	0.0446	0.0434	0.0442
May	0.0445	0.0415	0.0434
June	0.0416	0.0394	0.0401
July	0.0398	0.0383	0.0390
August	0.0388	0.0360	0.0373
September	0.0368	0.0350	0.0359
October	0.0351	0.0344	0.0348
November	0.0350	0.0322	0.0338
December	0.0326	0.0262	0.0305