2022 GEL to CVE Historical Review

YEARLY HIGH

42.2694 CVE

YEARLY LOW

29.4833 CVE

YEARLY AVERAGE

36.2123 CVE

2022 GEL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 42.2694. Conversely, the yearly low was recorded on March 8, dropping to 29.4833.

This high-to-low spread represents a total annual volatility of 12.7861 CVE. From a start-to-finish perspective, comparing the January average rate of 31.7416 to the December average rate of 39.0062, the exchange rate registered a net change of 22.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 42.2694 was up 32.55% compared to the 2021 peak of 31.8893, 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 211,347 CVE

2021 Average 145,772 CVE

Yearly Trough Low 147,417 CVE

Transaction Impact: A difference of 63,930.65 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

41.5319

30.2308

JanuMarcMayJulySeptNove

GEL to CVE 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 33.2780, compared to 39.1467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.8687 points.

H1 Avg (Jan–Jun) 33.2780

H2 Avg (Jul–Dec) 39.1467

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 5.2192 CVE (High: 40.6526 / Low: 35.4333). On the other end, December was the most stable month, with a tight range of 1.1218 CVE (High: 39.4737 / Low: 38.3519).

September Spread (Volatile) ±5.2192

December Spread (Stable) ±1.1218

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 1.3698 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.3698

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 40.5902) against the same month in 2021 (average: 30.4437), the exchange rate shifted by +10.1465 (+33.33%).

2022 Avg (October) 40.5902

2021 Avg (October) 30.4437

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.5944	31.3452	31.7416
February	33.2253	31.1830	32.5424
March	32.1900	29.4833	31.1725
April	34.5574	32.2419	33.3558
May	36.4851	34.1821	35.2614
June	36.6003	34.4892	35.5943
July	39.4394	35.6516	36.8028
August	40.1661	38.0969	39.4414
September	40.6526	35.4333	39.1141
October	42.2694	39.8482	40.5902
November	41.0623	39.0367	39.9252
December	39.4737	38.3519	39.0062