2022 ETB to GEL Historical Review

YEARLY HIGH

0.0675 GEL

YEARLY LOW

0.0494 GEL

YEARLY AVERAGE

0.0562 GEL

2022 ETB to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ETB to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0675. Conversely, the yearly low was recorded on December 18, dropping to 0.0494.

This high-to-low spread represents a total annual volatility of 0.0181 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0621 to the December average rate of 0.0500, the exchange rate registered a net change of -19.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0675 was down 20.07% compared to the 2021 peak of 0.0844, 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 337 GEL

2021 Average 369 GEL

Yearly Trough Low 247 GEL

Transaction Impact: A difference of 90.48 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0644

0.0487

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 0.0597, compared to 0.0527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.0597

H2 Avg (Jul–Dec) 0.0527

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0068 GEL (High: 0.0675 / Low: 0.0606). On the other end, December was the most stable month, with a tight range of 0.0013 GEL (High: 0.0506 / Low: 0.0494).

March Spread (Volatile) ±0.0068

December Spread (Stable) ±0.0013

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 0.0036 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0631) against the same month in 2021 (average: 0.0824), the exchange rate shifted by -0.0193 (-23.44%).

2022 Avg (March) 0.0631

2021 Avg (March) 0.0824

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0630	0.0611	0.0621
February	0.0624	0.0579	0.0594
March	0.0675	0.0606	0.0631
April	0.0607	0.0587	0.0595
May	0.0590	0.0548	0.0575
June	0.0580	0.0556	0.0566
July	0.0566	0.0527	0.0559
August	0.0551	0.0512	0.0528
September	0.0568	0.0531	0.0540
October	0.0537	0.0518	0.0526
November	0.0518	0.0504	0.0512
December	0.0506	0.0494	0.0500