YEARLY HIGH
1.6346 GEL
YEARLY LOW
1.1769 GEL
YEARLY AVERAGE
1.3346 GEL

2022 FJD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FJD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 1.6346. Conversely, the yearly low was recorded on October 16, dropping to 1.1769.

This high-to-low spread represents a total annual volatility of 0.4577 GEL. From a start-to-finish perspective, comparing the January average rate of 1.4451 to the December average rate of 1.2116, the exchange rate registered a net change of -16.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.6346 was down 4.22% compared to the 2021 peak of 1.7067, 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 8,173 GEL
2021 Average 7,780 GEL
Yearly Trough Low 5,884 GEL
Transaction Impact: A difference of 2,288.75 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.5662
1.1711
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 1.4242, compared to 1.2451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1792 points.

H1 Avg (Jan–Jun) 1.4242
H2 Avg (Jul–Dec) 1.2451

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.1477 GEL (High: 1.6346 / Low: 1.4869). On the other end, December was the most stable month, with a tight range of 0.0431 GEL (High: 1.2324 / Low: 1.1893).

March Spread (Volatile) ±0.1477
December Spread (Stable) ±0.0431

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 0.0877 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0877

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 1.5333) against the same month in 2021 (average: 1.6312), the exchange rate shifted by -0.0979 (-6.00%).

2022 Avg (March) 1.5333
2021 Avg (March) 1.6312

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4601 1.4065 1.4451
February 1.4883 1.3700 1.4050
March 1.6346 1.4869 1.5333
April 1.4889 1.4062 1.4456
May 1.4209 1.3183 1.3656
June 1.3973 1.3215 1.3508
July 1.3388 1.2633 1.3227
August 1.3091 1.2274 1.2604
September 1.3215 1.2176 1.2594
October 1.2291 1.1769 1.2040
November 1.2308 1.1812 1.2123
December 1.2324 1.1893 1.2116