2022 AZN to GEL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 AZN to GEL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the AZN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 2.0265. Conversely, the yearly low was recorded on December 22, dropping to 1.5588.
This high-to-low spread represents a total annual volatility of 0.4676 GEL. From a start-to-finish perspective, comparing the January average rate of 1.8108 to the December average rate of 1.5738, the exchange rate registered a net change of -13.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 2.0265 was down 0.39% compared to the 2021 peak of 2.0343, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
AZN to GEL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.7916, compared to 1.6383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1532 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 0.2000 GEL (High: 2.0265 / Low: 1.8265). On the other end, January was the most stable month, with a tight range of 0.0294 GEL (High: 1.8206 / Low: 1.7912).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0987 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 1.8983) against the same month in 2021 (average: 1.9617), the exchange rate shifted by -0.0634 (-3.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.8206 | 1.7912 | 1.8108 |
| February | 1.8647 | 1.7206 | 1.7650 |
| March | 2.0265 | 1.8265 | 1.8983 |
| April | 1.8235 | 1.7824 | 1.7996 |
| May | 1.7912 | 1.6706 | 1.7464 |
| June | 1.7676 | 1.7000 | 1.7293 |
| July | 1.7296 | 1.6265 | 1.7194 |
| August | 1.7029 | 1.5882 | 1.6302 |
| September | 1.7647 | 1.6559 | 1.6722 |
| October | 1.6618 | 1.6176 | 1.6341 |
| November | 1.6176 | 1.5794 | 1.6003 |
| December | 1.5912 | 1.5588 | 1.5738 |