2022 BND to GEL Historical Review

YEARLY HIGH

2.5312 GEL

YEARLY LOW

1.9218 GEL

YEARLY AVERAGE

2.1162 GEL

2022 BND to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BND to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 2.5312. Conversely, the yearly low was recorded on November 3, dropping to 1.9218.

This high-to-low spread represents a total annual volatility of 0.6094 GEL. From a start-to-finish perspective, comparing the January average rate of 2.2793 to the December average rate of 1.9791, the exchange rate registered a net change of -13.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.5312 was down 2.94% compared to the 2021 peak of 2.6080, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,656 GEL

2021 Average 11,975 GEL

Yearly Trough Low 9,609 GEL

Transaction Impact: A difference of 3,047.18 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.4180

1.9050

JanuMarcMayJulySeptNove

BND 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 2.2323, compared to 2.0001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2322 points.

H1 Avg (Jan–Jun) 2.2323

H2 Avg (Jul–Dec) 2.0001

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.2382 GEL (High: 2.5312 / Low: 2.2930). On the other end, October was the most stable month, with a tight range of 0.0372 GEL (High: 1.9671 / Low: 1.9299).

March Spread (Volatile) ±0.2382

October Spread (Stable) ±0.0372

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1361 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1361

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 2.3753) against the same month in 2021 (average: 2.4861), the exchange rate shifted by -0.1109 (-4.46%).

2022 Avg (March) 2.3753

2021 Avg (March) 2.4861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2931	2.2469	2.2793
February	2.3576	2.1710	2.2286
March	2.5312	2.2930	2.3753
April	2.2869	2.2007	2.2392
May	2.2071	2.0664	2.1480
June	2.1901	2.0868	2.1237
July	2.1236	1.9984	2.0965
August	2.0772	1.9596	2.0016
September	2.1214	1.9535	2.0147
October	1.9671	1.9299	1.9478
November	1.9919	1.9218	1.9610
December	2.0067	1.9465	1.9791