2022 GEL to ARS Historical Review

YEARLY HIGH

65.8676 ARS

YEARLY LOW

31.5102 ARS

YEARLY AVERAGE

45.2842 ARS

2022 GEL to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 65.8676. Conversely, the yearly low was recorded on March 8, dropping to 31.5102.

This high-to-low spread represents a total annual volatility of 34.3574 ARS. From a start-to-finish perspective, comparing the January average rate of 33.7542 to the December average rate of 64.4027, the exchange rate registered a net change of 90.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 65.8676 was up 97.82% compared to the 2021 peak of 33.2968, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 329,338 ARS

2021 Average 148,163 ARS

Yearly Trough Low 157,551 ARS

Transaction Impact: A difference of 171,786.92 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

67.4675

30.6894

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 36.9398, compared to 53.6286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.6888 points.

H1 Avg (Jan–Jun) 36.9398

H2 Avg (Jul–Dec) 53.6286

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 4.7701 ARS (High: 47.4229 / Low: 42.6528). On the other end, January was the most stable month, with a tight range of 1.3629 ARS (High: 34.5337 / Low: 33.1708).

July Spread (Volatile) ±4.7701

January Spread (Stable) ±1.3629

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.5481 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -1.5481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 64.4027) against the same month in 2021 (average: 32.8855), the exchange rate shifted by +31.5172 (+95.84%).

2022 Avg (December) 64.4027

2021 Avg (December) 32.8855

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.5337	33.1708	33.7542
February	36.3591	33.8856	35.4710
March	35.7541	31.5102	33.9229
April	37.8640	35.9300	37.0443
May	42.0477	37.8840	39.7060
June	42.7909	40.0380	41.7404
July	47.4229	42.6528	43.9088
August	49.7393	47.7734	48.8387
September	52.1421	48.3015	50.2990
October	56.7501	52.1421	54.7535
November	61.7328	57.1961	59.5689
December	65.8676	61.9773	64.4027