YEARLY HIGH
20.9621 DOP
YEARLY LOW
15.9412 DOP
YEARLY AVERAGE
18.9029 DOP

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 104,810 DOP
2021 Average 88,798 DOP
Yearly Trough Low 79,706 DOP
Transaction Impact: A difference of 25,104.62 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

21.0535
16.6606
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 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.

H1 Avg (Jan–Jun) 18.3282
H2 Avg (Jul–Dec) 19.4777

Volatility Range Comparison

Volatility

The 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).

February Spread (Volatile) ±2.1349
April Spread (Stable) ±0.4511

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.9292

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (December) 20.6875
2021 Avg (December) 18.3745

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