2022 GEL to GNF Historical Review

YEARLY HIGH

3310.7345 GNF

YEARLY LOW

2598.8404 GNF

YEARLY AVERAGE

3028.6191 GNF

2022 GEL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GEL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 3310.7345. Conversely, the yearly low was recorded on March 8, dropping to 2598.8404.

This high-to-low spread represents a total annual volatility of 711.8940 GNF. From a start-to-finish perspective, comparing the January average rate of 2955.1092 to the December average rate of 3250.5478, the exchange rate registered a net change of 10.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 3310.7345 was up 3.69% compared to the 2021 peak of 3192.8687, 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 16,553,672 GNF

2021 Average 15,307,056 GNF

Yearly Trough Low 12,994,202 GNF

Transaction Impact: A difference of 3,559,470.11 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3298.2357

2725.9806

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 2935.3779, compared to 3121.8603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 186.4824 points.

H1 Avg (Jan–Jun) 2935.3779

H2 Avg (Jul–Dec) 3121.8603

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 274.8048 GNF (High: 3090.5983 / Low: 2815.7935). On the other end, April was the most stable month, with a tight range of 75.5103 GNF (High: 2943.8464 / Low: 2868.3360).

February Spread (Volatile) ±274.8048

April Spread (Stable) ±75.5103

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 232.5662 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -232.5662

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 3250.5478) against the same month in 2021 (average: 3039.4868), the exchange rate shifted by +211.0610 (+6.94%).

2022 Avg (December) 3250.5478

2021 Avg (December) 3039.4868

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3021.8447	2934.7768	2955.1092
February	3090.5983	2815.7935	3006.2347
March	2871.4680	2598.8404	2773.6685
April	2943.8464	2868.3360	2908.1187
May	3111.4104	2888.3415	2975.7584
June	3058.6312	2942.9895	2993.3781
July	3131.4436	2938.3837	2971.4278
August	3253.2348	2990.0107	3137.8564
September	3099.1150	2903.3872	3056.7973
October	3166.6667	3076.5754	3125.5960
November	3237.5189	3114.2523	3188.9368
December	3310.7345	3187.5821	3250.5478