2021 GEL to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GEL to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GEL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 33.2968. Conversely, the yearly low was recorded on January 6, dropping to 25.6509.
This high-to-low spread represents a total annual volatility of 7.6459 ARS. From a start-to-finish perspective, comparing the January average rate of 26.0071 to the December average rate of 32.8855, the exchange rate registered a net change of 26.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 33.2968 was up 29.79% compared to the 2020 peak of 25.6535, 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 2021.
GEL to ARS 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 27.5168, compared to 31.7143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1975 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 2.0034 ARS (High: 29.0210 / Low: 27.0175). On the other end, August was the most stable month, with a tight range of 0.2523 ARS (High: 31.4836 / Low: 31.2313).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3089 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 32.8855) against the same month in 2020 (average: 25.0660), the exchange rate shifted by +7.8196 (+31.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.4172 | 25.6509 | 26.0071 |
| February | 27.0238 | 26.4328 | 26.7621 |
| March | 27.5372 | 26.9644 | 27.2836 |
| April | 27.1295 | 26.6744 | 26.9747 |
| May | 29.0210 | 27.0175 | 27.8862 |
| June | 30.5088 | 29.0313 | 30.1868 |
| July | 31.4534 | 30.2567 | 30.8170 |
| August | 31.4836 | 31.2313 | 31.3357 |
| September | 31.7504 | 31.4355 | 31.6051 |
| October | 31.7536 | 31.4485 | 31.6518 |
| November | 32.6301 | 31.5249 | 31.9907 |
| December | 33.2968 | 32.3131 | 32.8855 |