2022 CVE to GEL Historical Review

YEARLY HIGH

0.0339 GEL

YEARLY LOW

0.0237 GEL

YEARLY AVERAGE

0.0279 GEL

2022 CVE to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0339. Conversely, the yearly low was recorded on October 31, dropping to 0.0237.

This high-to-low spread represents a total annual volatility of 0.0103 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0315 to the December average rate of 0.0256, the exchange rate registered a net change of -18.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0339 was down 10.40% compared to the 2021 peak of 0.0379, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 170 GEL

2021 Average 172 GEL

Yearly Trough Low 118 GEL

Transaction Impact: A difference of 51.30 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0328

0.0239

JanuMarcMayJulySeptNove

CVE 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 0.0301, compared to 0.0256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0301

H2 Avg (Jul–Dec) 0.0256

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0036 GEL (High: 0.0282 / Low: 0.0246). On the other end, December was the most stable month, with a tight range of 0.0007 GEL (High: 0.0261 / Low: 0.0253).

September Spread (Volatile) ±0.0036

December Spread (Stable) ±0.0007

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 0.0021 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0321) against the same month in 2021 (average: 0.0358), the exchange rate shifted by -0.0037 (-10.46%).

2022 Avg (March) 0.0321

2021 Avg (March) 0.0358

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0319	0.0307	0.0315
February	0.0321	0.0301	0.0307
March	0.0339	0.0311	0.0321
April	0.0310	0.0289	0.0300
May	0.0293	0.0274	0.0284
June	0.0290	0.0273	0.0281
July	0.0280	0.0254	0.0272
August	0.0262	0.0249	0.0254
September	0.0282	0.0246	0.0256
October	0.0251	0.0237	0.0246
November	0.0256	0.0244	0.0251
December	0.0261	0.0253	0.0256