2021 GEL to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 GEL to BDT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the GEL to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 28.0185. Conversely, the yearly low was recorded on April 25, dropping to 24.4700.
This high-to-low spread represents a total annual volatility of 3.5486 BDT. From a start-to-finish perspective, comparing the January average rate of 25.6781 to the December average rate of 27.7006, the exchange rate registered a net change of 7.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 28.0185 was down 8.34% compared to the 2020 peak of 30.5672, 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 BDT 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 25.5572, compared to 27.4009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8436 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 1.5280 BDT (High: 26.0132 / Low: 24.4852). On the other end, September was the most stable month, with a tight range of 0.2267 BDT (High: 27.5520 / Low: 27.3254).
Growth Streaks & Declines
TrendsBetween April and September, 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 March and April, when the average rate fell by 0.7281 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 27.7006) against the same month in 2020 (average: 25.7411), the exchange rate shifted by +1.9595 (+7.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.9336 | 25.5820 | 25.6781 |
| February | 25.7507 | 25.4248 | 25.5818 |
| March | 25.5420 | 24.8512 | 25.3955 |
| April | 24.9213 | 24.4700 | 24.6674 |
| May | 26.0132 | 24.4852 | 25.1381 |
| June | 27.2989 | 26.0120 | 26.8825 |
| July | 27.6104 | 26.8051 | 27.1651 |
| August | 27.6041 | 27.3250 | 27.4134 |
| September | 27.5520 | 27.3254 | 27.4444 |
| October | 27.5373 | 27.1777 | 27.3279 |
| November | 27.7236 | 27.0643 | 27.3539 |
| December | 28.0185 | 27.4394 | 27.7006 |