YEARLY HIGH
7.3489 CZK
YEARLY LOW
6.1268 CZK
YEARLY AVERAGE
6.7505 CZK

2021 GEL to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 7.3489. Conversely, the yearly low was recorded on May 8, dropping to 6.1268.

This high-to-low spread represents a total annual volatility of 1.2220 CZK. From a start-to-finish perspective, comparing the January average rate of 6.5038 to the December average rate of 7.2087, the exchange rate registered a net change of 10.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.3489 was down 16.18% compared to the 2020 peak of 8.7678, 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 36,744 CZK
2020 Average 37,370 CZK
Yearly Trough Low 30,634 CZK
Transaction Impact: A difference of 6,110.18 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.3059
6.1399
JanuMarcMayJulySeptNove

GEL to CZK 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 6.4693, compared to 7.0318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5625 points.

H1 Avg (Jan–Jun) 6.4693
H2 Avg (Jul–Dec) 7.0318

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.4506 CZK (High: 7.3489 / Low: 6.8983). On the other end, October was the most stable month, with a tight range of 0.1131 CZK (High: 7.0703 / Low: 6.9572).

November Spread (Volatile) ±0.4506
October Spread (Stable) ±0.1131

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2803 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2803

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 7.1005) against the same month in 2020 (average: 6.7341), the exchange rate shifted by +0.3664 (+5.44%).

2021 Avg (November) 7.1005
2020 Avg (November) 6.7341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.5727 6.4138 6.5038
February 6.5203 6.3984 6.4568
March 6.6924 6.5169 6.5949
April 6.4812 6.1767 6.3146
May 6.4089 6.1268 6.2370
June 6.8179 6.3809 6.7084
July 7.0696 6.8106 6.9418
August 7.0304 6.9143 6.9785
September 7.0715 6.8823 6.9422
October 7.0703 6.9572 7.0190
November 7.3489 6.8983 7.1005
December 7.2935 7.0670 7.2087