YEARLY HIGH
0.7547 BBD
YEARLY LOW
0.5806 BBD
YEARLY AVERAGE
0.6881 BBD

2022 GEL to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.7547. Conversely, the yearly low was recorded on March 8, dropping to 0.5806.

This high-to-low spread represents a total annual volatility of 0.1742 BBD. From a start-to-finish perspective, comparing the January average rate of 0.6498 to the December average rate of 0.7476, the exchange rate registered a net change of 15.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7547 was up 15.85% compared to the 2021 peak of 0.6515, 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 3,774 BBD
2021 Average 3,113 BBD
Yearly Trough Low 2,903 BBD
Transaction Impact: A difference of 870.83 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7603
0.6073
JanuMarcMayJulySeptNove

GEL to BBD 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 0.6575, compared to 0.7188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0613 points.

H1 Avg (Jan–Jun) 0.6575
H2 Avg (Jul–Dec) 0.7188

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0636 BBD (High: 0.6441 / Low: 0.5806). On the other end, January was the most stable month, with a tight range of 0.0106 BBD (High: 0.6568 / Low: 0.6462).

March Spread (Volatile) ±0.0636
January Spread (Stable) ±0.0106

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 0.0468 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.7476) against the same month in 2021 (average: 0.6458), the exchange rate shifted by +0.1018 (+15.76%).

2022 Avg (December) 0.7476
2021 Avg (December) 0.6458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6568 0.6462 0.6498
February 0.6838 0.6309 0.6669
March 0.6441 0.5806 0.6201
April 0.6601 0.6452 0.6538
May 0.7042 0.6568 0.6741
June 0.6920 0.6656 0.6804
July 0.7233 0.6802 0.6844
August 0.7407 0.6908 0.7220
September 0.7105 0.6667 0.7037
October 0.7273 0.7080 0.7200
November 0.7449 0.7273 0.7352
December 0.7547 0.7394 0.7476