2021 GEL to DKK Historical Review

YEARLY HIGH

2.1440 DKK

YEARLY LOW

1.7735 DKK

YEARLY AVERAGE

1.9585 DKK

2021 GEL to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.1440. Conversely, the yearly low was recorded on April 28, dropping to 1.7735.

This high-to-low spread represents a total annual volatility of 0.3704 DKK. From a start-to-finish perspective, comparing the January average rate of 1.8506 to the December average rate of 2.1239, the exchange rate registered a net change of 14.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1440 was down 13.20% compared to the 2020 peak of 2.4699, 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 10,720 DKK

2020 Average 10,540 DKK

Yearly Trough Low 8,868 DKK

Transaction Impact: A difference of 1,852.10 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1553

1.7789

JanuMarcMayJulySeptNove

GEL to DKK 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 1.8608, compared to 2.0561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1953 points.

H1 Avg (Jan–Jun) 1.8608

H2 Avg (Jul–Dec) 2.0561

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1216 DKK (High: 1.9888 / Low: 1.8672). On the other end, August was the most stable month, with a tight range of 0.0294 DKK (High: 2.0498 / Low: 2.0204).

June Spread (Volatile) ±0.1216

August Spread (Stable) ±0.0294

Growth Streaks & Declines

Trends

Between April and August, 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 0.0634 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0634

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.1239) against the same month in 2020 (average: 1.8557), the exchange rate shifted by +0.2683 (+14.46%).

2021 Avg (December) 2.1239

2020 Avg (December) 1.8557

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8680	1.8215	1.8506
February	1.8747	1.8380	1.8555
March	1.8850	1.8506	1.8736
April	1.8467	1.7735	1.8103
May	1.8714	1.7771	1.8154
June	1.9888	1.8672	1.9594
July	2.0499	1.9834	2.0147
August	2.0498	2.0204	2.0379
September	2.0660	2.0163	2.0330
October	2.0625	2.0215	2.0476
November	2.1344	2.0263	2.0797
December	2.1440	2.1023	2.1239