2022 GEL to BND Historical Review

YEARLY HIGH

0.5203 BND

YEARLY LOW

0.3951 BND

YEARLY AVERAGE

0.4745 BND

2022 GEL to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.5203. Conversely, the yearly low was recorded on March 8, dropping to 0.3951.

This high-to-low spread represents a total annual volatility of 0.1253 BND. From a start-to-finish perspective, comparing the January average rate of 0.4387 to the December average rate of 0.5053, the exchange rate registered a net change of 15.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5203 was up 16.78% compared to the 2021 peak of 0.4456, 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 2,602 BND

2021 Average 2,092 BND

Yearly Trough Low 1,975 BND

Transaction Impact: A difference of 626.41 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5226

0.4120

JanuMarcMayJulySeptNove

GEL to BND 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 0.4487, compared to 0.5003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0516 points.

H1 Avg (Jan–Jun) 0.4487

H2 Avg (Jul–Dec) 0.5003

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0410 BND (High: 0.4361 / Low: 0.3951). On the other end, January was the most stable month, with a tight range of 0.0090 BND (High: 0.4451 / Low: 0.4361).

March Spread (Volatile) ±0.0410

January Spread (Stable) ±0.0090

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 0.0277 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0277

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.5100) against the same month in 2021 (average: 0.4329), the exchange rate shifted by +0.0771 (+17.80%).

2022 Avg (November) 0.5100

2021 Avg (November) 0.4329

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4451	0.4361	0.4387
February	0.4606	0.4242	0.4490
March	0.4361	0.3951	0.4212
April	0.4544	0.4373	0.4466
May	0.4839	0.4531	0.4658
June	0.4792	0.4566	0.4709
July	0.5004	0.4709	0.4771
August	0.5103	0.4814	0.4997
September	0.5119	0.4714	0.4965
October	0.5182	0.5084	0.5134
November	0.5203	0.5020	0.5100
December	0.5137	0.4983	0.5053