YEARLY HIGH
0.4187 CAD
YEARLY LOW
0.3526 CAD
YEARLY AVERAGE
0.3903 CAD

2021 GEL to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.4187. Conversely, the yearly low was recorded on May 7, dropping to 0.3526.

This high-to-low spread represents a total annual volatility of 0.0661 CAD. From a start-to-finish perspective, comparing the January average rate of 0.3853 to the December average rate of 0.4133, the exchange rate registered a net change of 7.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4187 was down 16.64% compared to the 2020 peak of 0.5022, 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 2,093 CAD
2020 Average 2,160 CAD
Yearly Trough Low 1,763 CAD
Transaction Impact: A difference of 330.42 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4187
0.3542
JanuMarcMayJulySeptNove

GEL to CAD 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 0.3761, compared to 0.4044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0283 points.

H1 Avg (Jan–Jun) 0.3761
H2 Avg (Jul–Dec) 0.4044

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0245 CAD (High: 0.3938 / Low: 0.3693). On the other end, January was the most stable month, with a tight range of 0.0064 CAD (High: 0.3885 / Low: 0.3821).

June Spread (Volatile) ±0.0245
January Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0128 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.4133) against the same month in 2020 (average: 0.3888), the exchange rate shifted by +0.0245 (+6.30%).

2021 Avg (December) 0.4133
2020 Avg (December) 0.3888

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3885 0.3821 0.3853
February 0.3882 0.3763 0.3831
March 0.3818 0.3701 0.3768
April 0.3701 0.3553 0.3640
May 0.3721 0.3526 0.3596
June 0.3938 0.3693 0.3879
July 0.4116 0.3904 0.4008
August 0.4130 0.4037 0.4064
September 0.4128 0.4036 0.4077
October 0.4066 0.3920 0.3972
November 0.4113 0.3910 0.4011
December 0.4187 0.4075 0.4133