YEARLY HIGH
0.2950 GEL
YEARLY LOW
0.2018 GEL
YEARLY AVERAGE
0.2370 GEL

2022 BWP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BWP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.2950. Conversely, the yearly low was recorded on November 3, dropping to 0.2018.

This high-to-low spread represents a total annual volatility of 0.0932 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2652 to the December average rate of 0.2076, the exchange rate registered a net change of -21.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2950 was down 7.91% compared to the 2021 peak of 0.3203, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,475 GEL
2021 Average 1,453 GEL
Yearly Trough Low 1,009 GEL
Transaction Impact: A difference of 465.94 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2856
0.2005
JanuMarcMayJulySeptNove

BWP 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 0.2587, compared to 0.2153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0434 points.

H1 Avg (Jan–Jun) 0.2587
H2 Avg (Jul–Dec) 0.2153

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0247 GEL (High: 0.2950 / Low: 0.2703). On the other end, January was the most stable month, with a tight range of 0.0074 GEL (High: 0.2679 / Low: 0.2604).

March Spread (Volatile) ±0.0247
January Spread (Stable) ±0.0074

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 0.0169 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.2786) against the same month in 2021 (average: 0.3019), the exchange rate shifted by -0.0234 (-7.74%).

2022 Avg (March) 0.2786
2021 Avg (March) 0.3019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2679 0.2604 0.2652
February 0.2753 0.2533 0.2601
March 0.2950 0.2703 0.2786
April 0.2707 0.2514 0.2616
May 0.2515 0.2353 0.2447
June 0.2505 0.2365 0.2421
July 0.2389 0.2189 0.2315
August 0.2272 0.2146 0.2191
September 0.2281 0.2107 0.2175
October 0.2129 0.2042 0.2077
November 0.2119 0.2018 0.2082
December 0.2110 0.2034 0.2076