2022 GEL to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GEL to BDT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GEL to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 40.0671. Conversely, the yearly low was recorded on March 8, dropping to 24.9159.
This high-to-low spread represents a total annual volatility of 15.1512 BDT. From a start-to-finish perspective, comparing the January average rate of 27.9052 to the December average rate of 38.8012, the exchange rate registered a net change of 39.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 40.0671 was up 43.00% compared to the 2021 peak of 28.0185, 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 2022.
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 28.7303, compared to 35.6851 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.9548 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 4.9316 BDT (High: 37.1062 / Low: 32.1747). On the other end, January was the most stable month, with a tight range of 0.6105 BDT (High: 28.2399 / Low: 27.6294).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.9581 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 38.8012) against the same month in 2021 (average: 27.7006), the exchange rate shifted by +11.1006 (+40.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.2399 | 27.6294 | 27.9052 |
| February | 29.4606 | 26.9218 | 28.6676 |
| March | 27.7691 | 24.9159 | 26.7094 |
| April | 28.5368 | 27.8002 | 28.2459 |
| May | 30.9819 | 28.4597 | 29.4191 |
| June | 32.1623 | 29.6372 | 31.4349 |
| July | 34.2667 | 31.6321 | 32.1511 |
| August | 35.1863 | 32.7854 | 34.2926 |
| September | 37.1062 | 32.1747 | 34.4863 |
| October | 38.3914 | 35.8760 | 36.8438 |
| November | 39.0182 | 36.7580 | 37.5357 |
| December | 40.0671 | 37.8745 | 38.8012 |