YEARLY HIGH
1.7067 GEL
YEARLY LOW
1.4406 GEL
YEARLY AVERAGE
1.5566 GEL

2021 FJD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 1.7067. Conversely, the yearly low was recorded on December 26, dropping to 1.4406.

This high-to-low spread represents a total annual volatility of 0.2661 GEL. From a start-to-finish perspective, comparing the January average rate of 1.6221 to the December average rate of 1.4543, the exchange rate registered a net change of -10.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.7067 was up 5.24% compared to the 2020 peak of 1.6217, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,534 GEL
2020 Average 7,190 GEL
Yearly Trough Low 7,203 GEL
Transaction Impact: A difference of 1,330.41 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.6991
1.4320
JanuMarcMayJulySeptNove

FJD 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 1.6270, compared to 1.4863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1408 points.

H1 Avg (Jan–Jun) 1.6270
H2 Avg (Jul–Dec) 1.4863

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.1037 GEL (High: 1.7061 / Low: 1.6024). On the other end, December was the most stable month, with a tight range of 0.0253 GEL (High: 1.4659 / Low: 1.4406).

May Spread (Volatile) ±0.1037
December Spread (Stable) ±0.0253

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.1225 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.6769) against the same month in 2020 (average: 1.4006), the exchange rate shifted by +0.2763 (+19.73%).

2021 Avg (April) 1.6769
2020 Avg (April) 1.4006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6434 1.6086 1.6221
February 1.6647 1.6119 1.6330
March 1.6488 1.6125 1.6312
April 1.7067 1.6493 1.6769
May 1.7061 1.6024 1.6608
June 1.6075 1.5183 1.5383
July 1.5244 1.4738 1.5005
August 1.4938 1.4666 1.4815
September 1.5017 1.4679 1.4893
October 1.5261 1.4666 1.4987
November 1.5305 1.4551 1.4933
December 1.4659 1.4406 1.4543