YEARLY HIGH
18.6645 DOP
YEARLY LOW
16.4212 DOP
YEARLY AVERAGE
17.7570 DOP

2021 GEL to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 18.6645. Conversely, the yearly low was recorded on April 24, dropping to 16.4212.

This high-to-low spread represents a total annual volatility of 2.2433 DOP. From a start-to-finish perspective, comparing the January average rate of 17.6177 to the December average rate of 18.3745, the exchange rate registered a net change of 4.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 18.6645 was down 11.66% compared to the 2020 peak of 21.1290, 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 93,322 DOP
2020 Average 90,912 DOP
Yearly Trough Low 82,106 DOP
Transaction Impact: A difference of 11,216.65 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

18.5846
16.3688
JanuMarcMayJulySeptNove

GEL to DOP 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 17.2990, compared to 18.2151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9161 points.

H1 Avg (Jan–Jun) 17.2990
H2 Avg (Jul–Dec) 18.2151

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 1.0638 DOP (High: 17.5031 / Low: 16.4393). On the other end, September was the most stable month, with a tight range of 0.1955 DOP (High: 18.3140 / Low: 18.1185).

May Spread (Volatile) ±1.0638
September Spread (Stable) ±0.1955

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 0.6304 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 18.3745) against the same month in 2020 (average: 17.6579), the exchange rate shifted by +0.7166 (+4.06%).

2021 Avg (December) 18.3745
2020 Avg (December) 17.6579

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.8121 17.5189 17.6177
February 17.6085 17.3396 17.4864
March 17.4330 16.6845 17.1839
April 16.7199 16.4212 16.5535
May 17.5031 16.4393 16.8754
June 18.3425 17.4484 18.0768
July 18.5435 18.0009 18.2669
August 18.5716 18.2581 18.4000
September 18.3140 18.1185 18.2294
October 18.1511 17.8571 17.9909
November 18.2873 17.8268 18.0288
December 18.6645 18.0611 18.3745