2022 GEL to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GEL to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GEL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 776.8152. Conversely, the yearly low was recorded on March 8, dropping to 582.5581.
This high-to-low spread represents a total annual volatility of 194.2570 CDF. From a start-to-finish perspective, comparing the January average rate of 651.4980 to the December average rate of 764.6183, the exchange rate registered a net change of 17.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 776.8152 was up 19.26% compared to the 2021 peak of 651.3367, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
GEL to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 659.8360, compared to 730.5044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 70.6684 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was March, with a trading range of 63.3441 CDF (High: 645.9022 / Low: 582.5581). On the other end, January was the most stable month, with a tight range of 13.7107 CDF (High: 659.4417 / Low: 645.7310).
Growth Streaks & Declines
TrendsBetween 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 47.6251 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 764.6183) against the same month in 2021 (average: 645.9486), the exchange rate shifted by +118.6696 (+18.37%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 659.4417 | 645.7310 | 651.4980 |
| February | 687.7133 | 631.0937 | 670.0466 |
| March | 645.9022 | 582.5581 | 622.4215 |
| April | 662.9325 | 646.7387 | 656.6003 |
| May | 705.3930 | 660.5991 | 677.3047 |
| June | 692.7546 | 666.3547 | 681.1453 |
| July | 723.8996 | 677.1399 | 683.8142 |
| August | 741.4988 | 704.0789 | 726.3242 |
| September | 731.8453 | 681.8259 | 718.5513 |
| October | 745.8750 | 723.8938 | 736.6239 |
| November | 764.4320 | 744.7296 | 753.0946 |
| December | 776.8152 | 751.8519 | 764.6183 |