2022 GEL to BAM Historical Review

YEARLY HIGH

0.7309 BAM

YEARLY LOW

0.5204 BAM

YEARLY AVERAGE

0.6407 BAM

2022 GEL to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.7309. Conversely, the yearly low was recorded on March 8, dropping to 0.5204.

This high-to-low spread represents a total annual volatility of 0.2104 BAM. From a start-to-finish perspective, comparing the January average rate of 0.5614 to the December average rate of 0.6907, the exchange rate registered a net change of 23.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7309 was up 29.58% compared to the 2021 peak of 0.5640, 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 3,654 BAM

2021 Average 2,576 BAM

Yearly Trough Low 2,602 BAM

Transaction Impact: A difference of 1,052.23 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7338

0.5338

JanuMarcMayJulySeptNove

GEL to BAM 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 0.5882, compared to 0.6932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1050 points.

H1 Avg (Jan–Jun) 0.5882

H2 Avg (Jul–Dec) 0.6932

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0656 BAM (High: 0.7232 / Low: 0.6576). On the other end, December was the most stable month, with a tight range of 0.0196 BAM (High: 0.6991 / Low: 0.6795).

September Spread (Volatile) ±0.0656

December Spread (Stable) ±0.0196

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 0.0240 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.7171) against the same month in 2021 (average: 0.5379), the exchange rate shifted by +0.1792 (+33.32%).

2022 Avg (October) 0.7171

2021 Avg (October) 0.5379

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5761	0.5534	0.5614
February	0.5883	0.5476	0.5745
March	0.5673	0.5204	0.5505
April	0.6103	0.5714	0.5906
May	0.6446	0.6055	0.6230
June	0.6413	0.6072	0.6292
July	0.6982	0.6363	0.6562
August	0.7087	0.6727	0.6972
September	0.7232	0.6576	0.6935
October	0.7309	0.7032	0.7171
November	0.7301	0.6890	0.7046
December	0.6991	0.6795	0.6907