YEARLY HIGH
28.0185 BDT
YEARLY LOW
24.4700 BDT
YEARLY AVERAGE
26.4791 BDT

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.

Transfer Payout Power Comparison

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

Yearly Peak High 140,093 BDT
2020 Average 136,629 BDT
Yearly Trough Low 122,350 BDT
Transaction Impact: A difference of 17,742.90 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

28.0039
24.3641
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 25.5572
H2 Avg (Jul–Dec) 27.4009

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±1.5280
September Spread (Stable) ±0.2267

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.7281

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2021 Avg (December) 27.7006
2020 Avg (December) 25.7411

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