2021 BOB to GEL Historical Review

YEARLY HIGH

0.5013 GEL

YEARLY LOW

0.4443 GEL

YEARLY AVERAGE

0.4661 GEL

2021 BOB to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BOB to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 25, valuing the pair at 0.5013. Conversely, the yearly low was recorded on December 19, dropping to 0.4443.

This high-to-low spread represents a total annual volatility of 0.0570 GEL. From a start-to-finish perspective, comparing the January average rate of 0.4794 to the December average rate of 0.4488, the exchange rate registered a net change of -6.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5013 was down 0.30% compared to the 2020 peak of 0.5028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,506 GEL

2020 Average 2,256 GEL

Yearly Trough Low 2,222 GEL

Transaction Impact: A difference of 284.77 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5023

0.4440

JanuMarcMayJulySeptNove

BOB 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 0.4807, compared to 0.4515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0293 points.

H1 Avg (Jan–Jun) 0.4807

H2 Avg (Jul–Dec) 0.4515

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0292 GEL (High: 0.5012 / Low: 0.4721). On the other end, September was the most stable month, with a tight range of 0.0020 GEL (High: 0.4514 / Low: 0.4494).

May Spread (Volatile) ±0.0292

September Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0330 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0330

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.4975) against the same month in 2020 (average: 0.4616), the exchange rate shifted by +0.0358 (+7.76%).

2021 Avg (April) 0.4975

2020 Avg (April) 0.4616

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4818	0.4741	0.4794
February	0.4837	0.4763	0.4797
March	0.4935	0.4807	0.4830
April	0.5013	0.4928	0.4975
May	0.5012	0.4721	0.4889
June	0.4727	0.4484	0.4559
July	0.4580	0.4453	0.4522
August	0.4525	0.4453	0.4492
September	0.4514	0.4494	0.4502
October	0.4569	0.4505	0.4538
November	0.4588	0.4482	0.4545
December	0.4534	0.4443	0.4488