2022 GEL to DOP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 GEL to DOP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the GEL to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 20.9621. Conversely, the yearly low was recorded on March 8, dropping to 15.9412.
This high-to-low spread represents a total annual volatility of 5.0209 DOP. From a start-to-finish perspective, comparing the January average rate of 18.7104 to the December average rate of 20.6875, the exchange rate registered a net change of 10.57% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 20.9621 was up 12.31% compared to the 2021 peak of 18.6645, 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 DOP 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 18.3282, compared to 19.4777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1495 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was February, with a trading range of 2.1349 DOP (High: 19.6098 / Low: 17.4749). On the other end, April was the most stable month, with a tight range of 0.4511 DOP (High: 18.1957 / Low: 17.7447).
Growth Streaks & Declines
TrendsBetween March and June, 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 February and March, when the average rate fell by 1.9292 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 20.6875) against the same month in 2021 (average: 18.3745), the exchange rate shifted by +2.3130 (+12.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.9319 | 18.4750 | 18.7104 |
| February | 19.6098 | 17.4749 | 18.9558 |
| March | 17.7139 | 15.9412 | 17.0267 |
| April | 18.1957 | 17.7447 | 18.0058 |
| May | 19.4431 | 18.0478 | 18.5879 |
| June | 19.0033 | 18.3408 | 18.6824 |
| July | 19.6724 | 18.4175 | 18.6676 |
| August | 20.1795 | 18.2902 | 19.4562 |
| September | 18.9784 | 17.8286 | 18.7512 |
| October | 19.5857 | 18.9360 | 19.3452 |
| November | 20.3479 | 19.4079 | 19.9584 |
| December | 20.9621 | 20.1869 | 20.6875 |