2021 GEL to GIP Historical Review

YEARLY HIGH

0.2450 GIP

YEARLY LOW

0.2066 GIP

YEARLY AVERAGE

0.2263 GIP

2021 GEL to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.2450. Conversely, the yearly low was recorded on May 10, dropping to 0.2066.

This high-to-low spread represents a total annual volatility of 0.0384 GIP. From a start-to-finish perspective, comparing the January average rate of 0.2219 to the December average rate of 0.2426, the exchange rate registered a net change of 9.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2450 was down 16.14% compared to the 2020 peak of 0.2922, 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 1,225 GIP

2020 Average 1,256 GIP

Yearly Trough Low 1,033 GIP

Transaction Impact: A difference of 192.04 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2458

0.2072

JanuMarcMayJulySeptNove

GEL to GIP 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 0.2172, compared to 0.2355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0183 points.

H1 Avg (Jan–Jun) 0.2172

H2 Avg (Jul–Dec) 0.2355

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0133 GIP (High: 0.2297 / Low: 0.2165). On the other end, August was the most stable month, with a tight range of 0.0035 GIP (High: 0.2361 / Low: 0.2326).

June Spread (Volatile) ±0.0133

August Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between April and September, 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 March and April, when the average rate fell by 0.0059 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.2426) against the same month in 2020 (average: 0.2257), the exchange rate shifted by +0.0169 (+7.48%).

2021 Avg (December) 0.2426

2020 Avg (December) 0.2257

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2240	0.2201	0.2219
February	0.2212	0.2126	0.2175
March	0.2187	0.2133	0.2163
April	0.2143	0.2074	0.2104
May	0.2173	0.2066	0.2106
June	0.2297	0.2165	0.2263
July	0.2381	0.2288	0.2319
August	0.2361	0.2326	0.2338
September	0.2395	0.2322	0.2342
October	0.2374	0.2300	0.2332
November	0.2423	0.2311	0.2372
December	0.2450	0.2388	0.2426