2022 GEL to BZD Historical Review

YEARLY HIGH

0.7632 BZD

YEARLY LOW

0.5841 BZD

YEARLY AVERAGE

0.6935 BZD

2022 GEL to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.7632. Conversely, the yearly low was recorded on March 8, dropping to 0.5841.

This high-to-low spread represents a total annual volatility of 0.1791 BZD. From a start-to-finish perspective, comparing the January average rate of 0.6547 to the December average rate of 0.7536, the exchange rate registered a net change of 15.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7632 was up 16.00% compared to the 2021 peak of 0.6579, 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 3,816 BZD

2021 Average 3,137 BZD

Yearly Trough Low 2,921 BZD

Transaction Impact: A difference of 895.46 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7665

0.6119

JanuMarcMayJulySeptNove

GEL to BZD 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 0.6628, compared to 0.7242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0614 points.

H1 Avg (Jan–Jun) 0.6628

H2 Avg (Jul–Dec) 0.7242

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0650 BZD (High: 0.6492 / Low: 0.5841). On the other end, January was the most stable month, with a tight range of 0.0140 BZD (High: 0.6621 / Low: 0.6481).

March Spread (Volatile) ±0.0650

January Spread (Stable) ±0.0140

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 0.0473 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.7536) against the same month in 2021 (average: 0.6510), the exchange rate shifted by +0.1027 (+15.77%).

2022 Avg (December) 0.7536

2021 Avg (December) 0.6510

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6621	0.6481	0.6547
February	0.6907	0.6312	0.6721
March	0.6492	0.5841	0.6248
April	0.6667	0.6501	0.6597
May	0.7101	0.6611	0.6792
June	0.6975	0.6707	0.6861
July	0.7292	0.6824	0.6895
August	0.7476	0.6954	0.7282
September	0.7180	0.6724	0.7087
October	0.7333	0.7139	0.7250
November	0.7511	0.7284	0.7402
December	0.7632	0.7448	0.7536