2022 GEL to AZN Historical Review

YEARLY HIGH

0.6415 AZN

YEARLY LOW

0.4935 AZN

YEARLY AVERAGE

0.5849 AZN

2022 GEL to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.6415. Conversely, the yearly low was recorded on March 8, dropping to 0.4935.

This high-to-low spread represents a total annual volatility of 0.1480 AZN. From a start-to-finish perspective, comparing the January average rate of 0.5523 to the December average rate of 0.6354, the exchange rate registered a net change of 15.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6415 was up 15.85% compared to the 2021 peak of 0.5537, 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 3,208 AZN

2021 Average 2,647 AZN

Yearly Trough Low 2,467 AZN

Transaction Impact: A difference of 740.20 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6463

0.5162

JanuMarcMayJulySeptNove

GEL to AZN 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 0.5589, compared to 0.6110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0521 points.

H1 Avg (Jan–Jun) 0.5589

H2 Avg (Jul–Dec) 0.6110

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0540 AZN (High: 0.5475 / Low: 0.4935). On the other end, January was the most stable month, with a tight range of 0.0090 AZN (High: 0.5583 / Low: 0.5493).

March Spread (Volatile) ±0.0540

January Spread (Stable) ±0.0090

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0398 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.6354) against the same month in 2021 (average: 0.5491), the exchange rate shifted by +0.0863 (+15.72%).

2022 Avg (December) 0.6354

2021 Avg (December) 0.5491

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5583	0.5493	0.5523
February	0.5812	0.5363	0.5669
March	0.5475	0.4935	0.5271
April	0.5611	0.5484	0.5557
May	0.5986	0.5583	0.5730
June	0.5882	0.5657	0.5783
July	0.6148	0.5782	0.5817
August	0.6296	0.5872	0.6137
September	0.6039	0.5667	0.5981
October	0.6182	0.6018	0.6120
November	0.6331	0.6182	0.6249
December	0.6415	0.6285	0.6354