2022 GEL to BHD Historical Review

YEARLY HIGH

0.1423 BHD

YEARLY LOW

0.1094 BHD

YEARLY AVERAGE

0.1297 BHD

2022 GEL to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.1423. Conversely, the yearly low was recorded on March 8, dropping to 0.1094.

This high-to-low spread represents a total annual volatility of 0.0328 BHD. From a start-to-finish perspective, comparing the January average rate of 0.1225 to the December average rate of 0.1409, the exchange rate registered a net change of 15.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1423 was up 15.77% compared to the 2021 peak of 0.1229, 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 711 BHD

2021 Average 587 BHD

Yearly Trough Low 547 BHD

Transaction Impact: A difference of 164.15 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1433

0.1145

JanuMarcMayJulySeptNove

GEL to BHD 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 0.1239, compared to 0.1355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.1239

H2 Avg (Jul–Dec) 0.1355

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0120 BHD (High: 0.1214 / Low: 0.1094). On the other end, January was the most stable month, with a tight range of 0.0020 BHD (High: 0.1238 / Low: 0.1218).

March Spread (Volatile) ±0.0120

January Spread (Stable) ±0.0020

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 0.0088 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.1409) against the same month in 2021 (average: 0.1217), the exchange rate shifted by +0.0191 (+15.71%).

2022 Avg (December) 0.1409

2021 Avg (December) 0.1217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1238	0.1218	0.1225
February	0.1289	0.1182	0.1257
March	0.1214	0.1094	0.1169
April	0.1245	0.1216	0.1233
May	0.1327	0.1238	0.1271
June	0.1305	0.1255	0.1283
July	0.1363	0.1282	0.1290
August	0.1397	0.1302	0.1361
September	0.1339	0.1257	0.1326
October	0.1371	0.1335	0.1358
November	0.1404	0.1371	0.1386
December	0.1423	0.1394	0.1409