2022 BTN to GEL Historical Review

YEARLY HIGH

0.0449 GEL

YEARLY LOW

0.0319 GEL

YEARLY AVERAGE

0.0372 GEL

2022 BTN to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BTN to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0449. Conversely, the yearly low was recorded on December 18, dropping to 0.0319.

This high-to-low spread represents a total annual volatility of 0.0130 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0414 to the December average rate of 0.0324, the exchange rate registered a net change of -21.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0449 was down 4.39% compared to the 2021 peak of 0.0470, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 225 GEL

2021 Average 218 GEL

Yearly Trough Low 159 GEL

Transaction Impact: A difference of 65.11 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0433

0.0315

JanuMarcMayJulySeptNove

BTN 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 0.0400, compared to 0.0344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.0400

H2 Avg (Jul–Dec) 0.0344

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0040 GEL (High: 0.0449 / Low: 0.0409). On the other end, November was the most stable month, with a tight range of 0.0010 GEL (High: 0.0338 / Low: 0.0328).

March Spread (Volatile) ±0.0040

November Spread (Stable) ±0.0010

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 0.0022 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0423) against the same month in 2021 (average: 0.0459), the exchange rate shifted by -0.0036 (-7.76%).

2022 Avg (March) 0.0423

2021 Avg (March) 0.0459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0419	0.0406	0.0414
February	0.0424	0.0388	0.0400
March	0.0449	0.0409	0.0423
April	0.0412	0.0396	0.0401
May	0.0399	0.0366	0.0384
June	0.0388	0.0370	0.0377
July	0.0373	0.0346	0.0368
August	0.0365	0.0339	0.0348
September	0.0375	0.0345	0.0355
October	0.0347	0.0333	0.0338
November	0.0338	0.0328	0.0333
December	0.0333	0.0319	0.0324