2021 ETB to GEL Historical Review

YEARLY HIGH

0.0844 GEL

YEARLY LOW

0.0136 GEL

YEARLY AVERAGE

0.0738 GEL

2021 ETB to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0844. Conversely, the yearly low was recorded on December 27, dropping to 0.0136.

This high-to-low spread represents a total annual volatility of 0.0708 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0838 to the December average rate of 0.0621, the exchange rate registered a net change of -25.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0844 was down 20.19% compared to the 2020 peak of 0.1058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 422 GEL

2020 Average 446 GEL

Yearly Trough Low 68 GEL

Transaction Impact: A difference of 354.04 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0860

0.0599

JanuMarcMayJulySeptNove

ETB 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 0.0806, compared to 0.0670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0136 points.

H1 Avg (Jan–Jun) 0.0806

H2 Avg (Jul–Dec) 0.0670

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0517 GEL (High: 0.0653 / Low: 0.0136). On the other end, January was the most stable month, with a tight range of 0.0012 GEL (High: 0.0842 / Low: 0.0829).

December Spread (Volatile) ±0.0517

January Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0066 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0832) against the same month in 2020 (average: 0.0886), the exchange rate shifted by -0.0054 (-6.08%).

2021 Avg (February) 0.0832

2020 Avg (February) 0.0886

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0842	0.0829	0.0838
February	0.0844	0.0821	0.0832
March	0.0835	0.0805	0.0824
April	0.0834	0.0818	0.0825
May	0.0822	0.0749	0.0791
June	0.0752	0.0715	0.0725
July	0.0723	0.0693	0.0708
August	0.0701	0.0682	0.0687
September	0.0683	0.0667	0.0675
October	0.0680	0.0663	0.0670
November	0.0669	0.0646	0.0660
December	0.0653	0.0136	0.0621