YEARLY HIGH
0.6941 FJD
YEARLY LOW
0.5859 FJD
YEARLY AVERAGE
0.6441 FJD

2021 GEL to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.6941. Conversely, the yearly low was recorded on April 28, dropping to 0.5859.

This high-to-low spread represents a total annual volatility of 0.1082 FJD. From a start-to-finish perspective, comparing the January average rate of 0.6165 to the December average rate of 0.6877, the exchange rate registered a net change of 11.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6941 was down 15.10% compared to the 2020 peak of 0.8176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,471 FJD
2020 Average 3,493 FJD
Yearly Trough Low 2,930 FJD
Transaction Impact: A difference of 541.09 FJD purely based on transaction execution date.

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0.6968
0.5873
JanuMarcMayJulySeptNove

GEL to FJD 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 0.6152, compared to 0.6730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0578 points.

H1 Avg (Jan–Jun) 0.6152
H2 Avg (Jul–Dec) 0.6730

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0379 FJD (High: 0.6241 / Low: 0.5861). On the other end, December was the most stable month, with a tight range of 0.0120 FJD (High: 0.6941 / Low: 0.6822).

May Spread (Volatile) Âą0.0379
December Spread (Stable) Âą0.0120

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0166 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.6877) against the same month in 2020 (average: 0.6244), the exchange rate shifted by +0.0633 (+10.14%).

2021 Avg (December) 0.6877
2020 Avg (December) 0.6244

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Month High Low Average
January 0.6217 0.6085 0.6165
February 0.6204 0.6007 0.6124
March 0.6201 0.6065 0.6131
April 0.6063 0.5859 0.5964
May 0.6241 0.5861 0.6024
June 0.6586 0.6221 0.6502
July 0.6785 0.6560 0.6665
August 0.6819 0.6694 0.6750
September 0.6813 0.6659 0.6715
October 0.6818 0.6553 0.6673
November 0.6872 0.6534 0.6698
December 0.6941 0.6822 0.6877