2021 AOA to GEL Historical Review

YEARLY HIGH

0.0056 GEL

YEARLY LOW

0.0048 GEL

YEARLY AVERAGE

0.0051 GEL

2021 AOA to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AOA to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0056. Conversely, the yearly low was recorded on July 20, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0008 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0050 to the December average rate of 0.0055, the exchange rate registered a net change of 9.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0056 was down 12.81% compared to the 2020 peak of 0.0064, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28 GEL

2020 Average 27 GEL

Yearly Trough Low 24 GEL

Transaction Impact: A difference of 4.06 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0056

0.0048

JanuMarcMayJulySeptNove

AOA 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 0.0052, compared to 0.0051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0052

H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0003 GEL (High: 0.0052 / Low: 0.0049). On the other end, January was the most stable month, with a tight range of 0.0001 GEL (High: 0.0051 / Low: 0.0050).

September Spread (Volatile) ±0.0003

January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0055) against the same month in 2020 (average: 0.0050), the exchange rate shifted by +0.0005 (+9.32%).

2021 Avg (December) 0.0055

2020 Avg (December) 0.0050

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0051	0.0050	0.0050
February	0.0052	0.0050	0.0051
March	0.0054	0.0053	0.0054
April	0.0055	0.0052	0.0053
May	0.0053	0.0051	0.0052
June	0.0051	0.0048	0.0049
July	0.0049	0.0048	0.0049
August	0.0049	0.0048	0.0049
September	0.0052	0.0049	0.0050
October	0.0053	0.0052	0.0052
November	0.0055	0.0052	0.0053
December	0.0056	0.0054	0.0055