2022 GEL to BOB Historical Review

YEARLY HIGH

2.6164 BOB

YEARLY LOW

1.9924 BOB

YEARLY AVERAGE

2.3718 BOB

2022 GEL to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.6164. Conversely, the yearly low was recorded on March 8, dropping to 1.9924.

This high-to-low spread represents a total annual volatility of 0.6240 BOB. From a start-to-finish perspective, comparing the January average rate of 2.2383 to the December average rate of 2.5840, the exchange rate registered a net change of 15.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.6164 was up 16.25% compared to the 2021 peak of 2.2506, 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 13,082 BOB

2021 Average 10,745 BOB

Yearly Trough Low 9,962 BOB

Transaction Impact: A difference of 3,120.02 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.6291

2.0876

JanuMarcMayJulySeptNove

GEL to BOB 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 2.2629, compared to 2.4808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2179 points.

H1 Avg (Jan–Jun) 2.2629

H2 Avg (Jul–Dec) 2.4808

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.2218 BOB (High: 2.2141 / Low: 1.9924). On the other end, January was the most stable month, with a tight range of 0.0511 BOB (High: 2.2647 / Low: 2.2136).

March Spread (Volatile) ±0.2218

January Spread (Stable) ±0.0511

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 0.1622 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1622

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 2.5840) against the same month in 2021 (average: 2.2280), the exchange rate shifted by +0.3560 (+15.98%).

2022 Avg (December) 2.5840

2021 Avg (December) 2.2280

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2647	2.2136	2.2383
February	2.3592	2.1528	2.2949
March	2.2141	1.9924	2.1327
April	2.2755	2.2174	2.2513
May	2.4255	2.2517	2.3173
June	2.3789	2.2908	2.3427
July	2.4871	2.3255	2.3525
August	2.5587	2.3842	2.4921
September	2.4615	2.3051	2.4299
October	2.5139	2.4471	2.4880
November	2.5748	2.4970	2.5380
December	2.6164	2.5536	2.5840