2021 GEL to GNF Historical Review

YEARLY HIGH

3192.8687 GNF

YEARLY LOW

2861.9942 GNF

YEARLY AVERAGE

3061.3501 GNF

2021 GEL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 3192.8687. Conversely, the yearly low was recorded on May 1, dropping to 2861.9942.

This high-to-low spread represents a total annual volatility of 330.8745 GNF. From a start-to-finish perspective, comparing the January average rate of 3089.9101 to the December average rate of 3039.4868, the exchange rate registered a net change of -1.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3192.8687 was down 7.17% compared to the 2020 peak of 3439.6332, 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 15,964,344 GNF

2020 Average 15,484,304 GNF

Yearly Trough Low 14,309,971 GNF

Transaction Impact: A difference of 1,654,372.50 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3179.1272

2877.2191

JanuMarcMayJulySeptNove

GEL to GNF 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 3019.6109, compared to 3103.0894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 83.4785 points.

H1 Avg (Jan–Jun) 3019.6109

H2 Avg (Jul–Dec) 3103.0894

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 152.3222 GNF (High: 3014.3164 / Low: 2861.9942). On the other end, September was the most stable month, with a tight range of 15.4557 GNF (High: 3154.8195 / Low: 3139.3637).

May Spread (Volatile) ±152.3222

September Spread (Stable) ±15.4557

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 115.6906 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -115.6906

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 3142.0224) against the same month in 2020 (average: 3133.1695), the exchange rate shifted by +8.8529 (+0.28%).

2021 Avg (July) 3142.0224

2020 Avg (July) 3133.1695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3121.7964	3044.6882	3089.9101
February	3125.0172	3036.8421	3069.2320
March	3048.3596	2941.9401	3018.0687
April	2940.4588	2861.9942	2902.3781
May	3014.3164	2861.9942	2925.0975
June	3156.7386	3009.4266	3112.9787
July	3192.8687	3102.8255	3142.0224
August	3180.7283	3140.7995	3153.9682
September	3154.8195	3139.3637	3146.1664
October	3141.4791	3058.2751	3098.9572
November	3062.7121	3022.1519	3037.9355
December	3078.6630	2995.1691	3039.4868