2021 BAM to GEL Historical Review

YEARLY HIGH

2.1389 GEL

YEARLY LOW

1.7729 GEL

YEARLY AVERAGE

1.9478 GEL

2021 BAM to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 2.1389. Conversely, the yearly low was recorded on December 19, dropping to 1.7729.

This high-to-low spread represents a total annual volatility of 0.3659 GEL. From a start-to-finish perspective, comparing the January average rate of 2.0558 to the December average rate of 1.7898, the exchange rate registered a net change of -12.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1389 was up 3.40% compared to the 2020 peak of 2.0685, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,694 GEL

2020 Average 9,094 GEL

Yearly Trough Low 8,865 GEL

Transaction Impact: A difference of 1,829.63 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1281

1.7591

JanuMarcMayJulySeptNove

BAM 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 2.0449, compared to 1.8507 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1941 points.

H1 Avg (Jan–Jun) 2.0449

H2 Avg (Jul–Dec) 1.8507

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1233 GEL (High: 2.0371 / Low: 1.9138). On the other end, August was the most stable month, with a tight range of 0.0293 GEL (High: 1.8845 / Low: 1.8552).

June Spread (Volatile) ±0.1233

August Spread (Stable) ±0.0293

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1510 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 2.0973) against the same month in 2020 (average: 1.7677), the exchange rate shifted by +0.3296 (+18.64%).

2021 Avg (April) 2.0973

2020 Avg (April) 1.7677

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0895	2.0353	2.0558
February	2.0682	2.0327	2.0485
March	2.0505	2.0171	2.0298
April	2.1389	2.0521	2.0973
May	2.1377	2.0303	2.0944
June	2.0371	1.9138	1.9434
July	1.9310	1.8552	1.8884
August	1.8845	1.8552	1.8660
September	1.8869	1.8399	1.8717
October	1.8764	1.8422	1.8591
November	1.8745	1.7834	1.8293
December	1.8095	1.7729	1.7898