2022 AFN to GEL Historical Review

YEARLY HIGH

0.0385 GEL

YEARLY LOW

0.0292 GEL

YEARLY AVERAGE

0.0324 GEL

2022 AFN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0385. Conversely, the yearly low was recorded on January 23, dropping to 0.0292.

This high-to-low spread represents a total annual volatility of 0.0093 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0294 to the December average rate of 0.0306, the exchange rate registered a net change of 3.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0385 was down 13.65% compared to the 2021 peak of 0.0446, 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 193 GEL

2021 Average 195 GEL

Yearly Trough Low 146 GEL

Transaction Impact: A difference of 46.54 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0371

0.0287

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 0.0333, compared to 0.0316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0333

H2 Avg (Jul–Dec) 0.0316

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0043 GEL (High: 0.0346 / Low: 0.0303). On the other end, January was the most stable month, with a tight range of 0.0006 GEL (High: 0.0298 / Low: 0.0292).

February Spread (Volatile) ±0.0043

January Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and March, 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 0.0019 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0364) against the same month in 2021 (average: 0.0431), the exchange rate shifted by -0.0067 (-15.55%).

2022 Avg (March) 0.0364

2021 Avg (March) 0.0431

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0298	0.0292	0.0294
February	0.0346	0.0303	0.0322
March	0.0385	0.0345	0.0364
April	0.0357	0.0346	0.0350
May	0.0355	0.0316	0.0337
June	0.0336	0.0322	0.0330
July	0.0336	0.0306	0.0330
August	0.0329	0.0298	0.0310
September	0.0344	0.0317	0.0321
October	0.0326	0.0314	0.0319
November	0.0312	0.0305	0.0309
December	0.0310	0.0301	0.0306