YEARLY HIGH
0.5019 GEL
YEARLY LOW
0.3822 GEL
YEARLY AVERAGE
0.4230 GEL

2022 BOB to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BOB to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.5019. Conversely, the yearly low was recorded on December 18, dropping to 0.3822.

This high-to-low spread represents a total annual volatility of 0.1197 GEL. From a start-to-finish perspective, comparing the January average rate of 0.4468 to the December average rate of 0.3870, the exchange rate registered a net change of -13.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5019 was up 0.13% compared to the 2021 peak of 0.5013, 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 2,510 GEL
2021 Average 2,330 GEL
Yearly Trough Low 1,911 GEL
Transaction Impact: A difference of 598.54 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4774
0.3788
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 0.4425, compared to 0.4035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0389 points.

H1 Avg (Jan–Jun) 0.4425
H2 Avg (Jul–Dec) 0.4035

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0503 GEL (High: 0.5019 / Low: 0.4516). On the other end, December was the most stable month, with a tight range of 0.0094 GEL (High: 0.3916 / Low: 0.3822).

March Spread (Volatile) ±0.0503
December Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0249 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.4692) against the same month in 2021 (average: 0.4830), the exchange rate shifted by -0.0139 (-2.88%).

2022 Avg (March) 0.4692
2021 Avg (March) 0.4830

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4517 0.4416 0.4468
February 0.4645 0.4239 0.4360
March 0.5019 0.4516 0.4692
April 0.4510 0.4395 0.4442
May 0.4441 0.4123 0.4318
June 0.4365 0.4204 0.4269
July 0.4300 0.4021 0.4252
August 0.4194 0.3908 0.4014
September 0.4338 0.4063 0.4116
October 0.4086 0.3978 0.4019
November 0.4005 0.3884 0.3940
December 0.3916 0.3822 0.3870