2026 GEL to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2026.
2026 GEL to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2026
During 2026, the GEL to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 24.5464. Conversely, the yearly low was recorded on March 23, dropping to 23.0203.
This high-to-low spread represents a total annual volatility of 1.5261 AFN. From a start-to-finish perspective, comparing the January average rate of 24.3340 to the December average rate of 23.6282, the exchange rate registered a net change of -2.90% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2026 high of 24.5464 was down 10.15% compared to the 2025 peak of 27.3191, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2026.
GEL to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 23.7425, compared to 0.0000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 23.7425 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2026 was April, with a trading range of 1.3035 AFN (High: 24.3948 / Low: 23.0912). On the other end, May was the most stable month, with a tight range of 0.2880 AFN (High: 23.7402 / Low: 23.4522).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2026. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5680 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2026: 24.3340) against the same month in 2025 (average: 25.7271), the exchange rate shifted by -1.3932 (-5.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.5464 | 24.1187 | 24.3340 |
| February | 24.4898 | 23.2210 | 23.8560 |
| March | 23.7918 | 23.0203 | 23.2881 |
| April | 24.3948 | 23.0912 | 23.7267 |
| May | 23.7402 | 23.4522 | 23.6222 |
| June | 23.9603 | 23.4802 | 23.6282 |