GEL to AFN Historical Rates
Analyze long-term market trends and access daily historical data for the GEL/AFN pair.
10-Year GEL to AFN Performance & Macro Timing Review
Analysis of key historical highlights and timing insights over the past decade
Over the last 10 years, the GEL to AFN exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on December 15, 2021, when the pair was valued at 38.1042. Conversely, the absolute lowest rate of the decade was recorded on March 25, 2020, dropping to a support floor of 22.2254.
This peak-to-trough range represents a total macro spread of 15.8787 AFN. From a long-term perspective, comparing the decade's oldest annual average of 28.1566 (in 2016) to the newest annual average of 23.7763 (in 2026), the exchange rate registered a net shift of -15.56%.
Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 28.0997, showing a variance of 1.1415 points compared to the older 5-year average of 26.9583.
Value generated converting a dynamic sum of 5,000 GEL over the decade:
10-Year Macro Trend
Monthly average exchange rates over the last decade.
GEL to AFN Macro Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Decade Halves Comparison
Macro ShiftThe average exchange rate in the first 5 years of the decade was 26.9583, compared to 28.0997 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 1.1415 points.
Annual Volatility Extremes
VolatilityThe most volatile year in the decade was 2021, with a trading range of 15.6909 AFN (High: 38.1042 / Low: 22.4133). Conversely, 2026 was the most stable year, with a range of 1.5261 AFN (High: 24.5464 / Low: 23.0203).
Decade Growth & Declines
Macro TrendsBetween 2020 and 2023, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 3 straight years. Conversely, the sharpest year-over-year decline occurred between 2023 and 2024, when the average rate fell by 5.6215 points.
10-Year Historical Baseline
YoY BaselineComparing the decade's oldest annual average (2016: 28.1566) against the newest annual average (2026: 23.7763), the exchange rate shifted by -4.3803 (-15.56%).
Recent 30 Days
Live daily mid-market rates for the past month.
| Date | Exchange Rate |
|---|---|
| 2026-06-12 | 23.9603 |
| 2026-06-11 | 23.6321 |
| 2026-06-10 | 23.5849 |
| 2026-06-09 | 23.6471 |
| 2026-06-08 | 23.5390 |
| 2026-06-07 | 23.4962 |
| 2026-06-06 | 23.4962 |
| 2026-06-05 | 23.7782 |
| 2026-06-04 | 23.5432 |
| 2026-06-03 | 23.4962 |
| 2026-06-02 | 23.4802 |
| 2026-06-01 | 23.5955 |
| 2026-05-31 | 23.6359 |
| 2026-05-30 | 23.6398 |
| 2026-05-29 | 23.7402 |
| 2026-05-28 | 23.5711 |
| 2026-05-27 | 23.4522 |
Browse by Year
Access full daily ledgers for specific calendar years.