2021 GEL to EUR Historical Review

YEARLY HIGH

0.2883 EUR

YEARLY LOW

0.2385 EUR

YEARLY AVERAGE

0.2633 EUR

2021 GEL to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.2883. Conversely, the yearly low was recorded on April 28, dropping to 0.2385.

This high-to-low spread represents a total annual volatility of 0.0498 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2488 to the December average rate of 0.2856, 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 0.2883 was down 12.80% compared to the 2020 peak of 0.3306, 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 1,442 EUR

2020 Average 1,414 EUR

Yearly Trough Low 1,193 EUR

Transaction Impact: A difference of 248.95 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2898

0.2392

JanuMarcMayJulySeptNove

GEL to EUR 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 0.2502, compared to 0.2765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0263 points.

H1 Avg (Jan–Jun) 0.2502

H2 Avg (Jul–Dec) 0.2765

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0163 EUR (High: 0.2674 / Low: 0.2511). On the other end, August was the most stable month, with a tight range of 0.0039 EUR (High: 0.2756 / Low: 0.2717).

June Spread (Volatile) ±0.0163

August Spread (Stable) ±0.0039

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 0.0085 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.2856) against the same month in 2020 (average: 0.2494), the exchange rate shifted by +0.0362 (+14.52%).

2021 Avg (December) 0.2856

2020 Avg (December) 0.2494

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2511	0.2449	0.2488
February	0.2521	0.2471	0.2495
March	0.2535	0.2489	0.2519
April	0.2483	0.2385	0.2434
May	0.2516	0.2390	0.2441
June	0.2674	0.2511	0.2635
July	0.2756	0.2667	0.2709
August	0.2756	0.2717	0.2740
September	0.2778	0.2711	0.2734
October	0.2773	0.2717	0.2752
November	0.2870	0.2724	0.2796
December	0.2883	0.2827	0.2856