2021 GEL to BIF Historical Review

YEARLY HIGH

652.1173 BIF

YEARLY LOW

563.0414 BIF

YEARLY AVERAGE

614.6269 BIF

2021 GEL to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 652.1173. Conversely, the yearly low was recorded on April 24, dropping to 563.0414.

This high-to-low spread represents a total annual volatility of 89.0759 BIF. From a start-to-finish perspective, comparing the January average rate of 589.3892 to the December average rate of 645.0295, the exchange rate registered a net change of 9.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 652.1173 was down 4.17% compared to the 2020 peak of 680.5214, 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 3,260,586 BIF

2020 Average 3,081,573 BIF

Yearly Trough Low 2,815,207 BIF

Transaction Impact: A difference of 445,379.56 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

652.6483

561.2224

JanuMarcMayJulySeptNove

GEL to BIF 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 590.7012, compared to 638.5526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 47.8514 points.

H1 Avg (Jan–Jun) 590.7012

H2 Avg (Jul–Dec) 638.5526

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 40.2236 BIF (High: 605.7301 / Low: 565.5065). On the other end, September was the most stable month, with a tight range of 4.5837 BIF (High: 642.5121 / Low: 637.9284).

May Spread (Volatile) ±40.2236

September Spread (Stable) ±4.5837

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 17.2029 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -17.2029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 645.0295) against the same month in 2020 (average: 589.6857), the exchange rate shifted by +55.3438 (+9.39%).

2021 Avg (December) 645.0295

2020 Avg (December) 589.6857

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	594.4347	586.6872	589.3892
February	595.1442	583.0962	588.6123
March	590.8271	573.2394	586.0441
April	574.7445	563.0414	568.8412
May	605.7301	565.5065	583.9585
June	636.5229	606.0594	627.3621
July	644.2382	625.5091	634.9577
August	645.3555	635.8660	639.8222
September	642.5121	637.9284	639.9314
October	641.8006	631.0826	635.9381
November	644.3763	629.1912	635.6369
December	652.1173	637.7175	645.0295