2022 GEL to BTN Historical Review

YEARLY HIGH

31.3514 BTN

YEARLY LOW

22.2621 BTN

YEARLY AVERAGE

27.0737 BTN

2022 GEL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 31.3514. Conversely, the yearly low was recorded on March 8, dropping to 22.2621.

This high-to-low spread represents a total annual volatility of 9.0893 BTN. From a start-to-finish perspective, comparing the January average rate of 24.1768 to the December average rate of 30.8248, the exchange rate registered a net change of 27.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 31.3514 was up 27.11% compared to the 2021 peak of 24.6643, 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 156,757 BTN

2021 Average 115,000 BTN

Yearly Trough Low 111,310 BTN

Transaction Impact: A difference of 45,446.47 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

31.5443

22.9106

JanuMarcMayJulySeptNove

GEL to BTN 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 25.0502, compared to 29.0972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0470 points.

H1 Avg (Jan–Jun) 25.0502

H2 Avg (Jul–Dec) 29.0972

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 2.3347 BTN (High: 28.9957 / Low: 26.6610). On the other end, January was the most stable month, with a tight range of 0.7327 BTN (High: 24.6236 / Low: 23.8909).

September Spread (Volatile) ±2.3347

January Spread (Stable) ±0.7327

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 1.3565 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.3565

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 30.8248) against the same month in 2021 (average: 24.3158), the exchange rate shifted by +6.5090 (+26.77%).

2022 Avg (December) 30.8248

2021 Avg (December) 24.3158

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.6236	23.8909	24.1768
February	25.7874	23.5717	24.9865
March	24.4540	22.2621	23.6301
April	25.2777	24.2900	24.9144
May	27.3195	25.0920	26.0354
June	27.0085	25.7947	26.5579
July	28.8620	26.8282	27.2056
August	29.4564	27.4105	28.7271
September	28.9957	26.6610	28.1837
October	30.0365	28.8441	29.6318
November	30.4706	29.5865	30.0102
December	31.3514	30.0286	30.8248