YEARLY HIGH
1.3743 MYR
YEARLY LOW
1.1837 MYR
YEARLY AVERAGE
1.2900 MYR

2021 GEL to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 1.3743. Conversely, the yearly low was recorded on May 2, dropping to 1.1837.

This high-to-low spread represents a total annual volatility of 0.1907 MYR. From a start-to-finish perspective, comparing the January average rate of 1.2228 to the December average rate of 1.3600, the exchange rate registered a net change of 11.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3743 was down 11.01% compared to the 2020 peak of 1.5444, 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 6,872 MYR
2020 Average 6,765 MYR
Yearly Trough Low 5,918 MYR
Transaction Impact: A difference of 953.37 MYR purely based on transaction execution date.

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1.3770
1.1845
JanuMarcMayJulySeptNove

GEL to MYR 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 1.2352, compared to 1.3449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1097 points.

H1 Avg (Jan–Jun) 1.2352
H2 Avg (Jul–Dec) 1.3449

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0870 MYR (High: 1.2707 / Low: 1.1837). On the other end, February was the most stable month, with a tight range of 0.0120 MYR (High: 1.2269 / Low: 1.2149).

May Spread (Volatile) Âą0.0870
February 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 0.0315 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0315

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 1.3609) against the same month in 2020 (average: 1.3550), the exchange rate shifted by +0.0059 (+0.44%).

2021 Avg (August) 1.3609
2020 Avg (August) 1.3550

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Month High Low Average
January 1.2330 1.2116 1.2228
February 1.2269 1.2149 1.2213
March 1.2432 1.2173 1.2321
April 1.2161 1.1837 1.2006
May 1.2707 1.1837 1.2236
June 1.3279 1.2653 1.3107
July 1.3731 1.3141 1.3461
August 1.3743 1.3349 1.3609
September 1.3502 1.3290 1.3405
October 1.3461 1.3146 1.3289
November 1.3696 1.3117 1.3330
December 1.3678 1.3486 1.3600