2022 GEL to EUR Historical Review

YEARLY HIGH

0.3757 EUR

YEARLY LOW

0.2664 EUR

YEARLY AVERAGE

0.3276 EUR

2022 GEL to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.3757. Conversely, the yearly low was recorded on March 8, dropping to 0.2664.

This high-to-low spread represents a total annual volatility of 0.1094 EUR. From a start-to-finish perspective, comparing the January average rate of 0.2870 to the December average rate of 0.3528, the exchange rate registered a net change of 22.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3757 was up 30.32% compared to the 2021 peak of 0.2883, 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 1,879 EUR

2021 Average 1,317 EUR

Yearly Trough Low 1,332 EUR

Transaction Impact: A difference of 546.78 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3745

0.2733

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 0.3009, compared to 0.3543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0533 points.

H1 Avg (Jan–Jun) 0.3009

H2 Avg (Jul–Dec) 0.3543

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0289 EUR (High: 0.3548 / Low: 0.3259). On the other end, January was the most stable month, with a tight range of 0.0111 EUR (High: 0.2945 / Low: 0.2833).

July Spread (Volatile) ±0.0289

January Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0123 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.3595) against the same month in 2021 (average: 0.2796), the exchange rate shifted by +0.0799 (+28.57%).

2022 Avg (November) 0.3595

2021 Avg (November) 0.2796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2945	0.2833	0.2870
February	0.3019	0.2798	0.2940
March	0.2908	0.2664	0.2817
April	0.3121	0.2924	0.3023
May	0.3289	0.3085	0.3187
June	0.3286	0.3121	0.3220
July	0.3548	0.3259	0.3356
August	0.3627	0.3446	0.3568
September	0.3680	0.3390	0.3550
October	0.3733	0.3564	0.3660
November	0.3757	0.3522	0.3595
December	0.3573	0.3453	0.3528